The GBP/USD soared to fresh YTD highs at 1.2583 despite fundamental news from the United States (US) increasing the likelihood of a Federal Reserve 25 bps rate…
Euro coils in a triangle ahead of next week’s central bank meetings
The Euro (EUR) continues trading in a familiar range around the 1.1000 handle against the US Dollar (USD), after the release of Eurozone GDP data, on Friday.…
EUR/USD trims gains and returns to 1.1020, as US Dollar recovers
Fresh selling pressure now drags EUR/USD to the low-1.1000s on the back of some tepid recovery in the dollar on Tuesday. EUR/USD continues to target…
Euro flatlines in a tight range below 1.1000
The Euro (EUR) continues trading in the mid 1.09s versus the US Dollar (USD) during the early European session on Thursday. More broadly, the pair has pulled back from…
US Dollar rebounds as investors forecast Fed rate increase in May
The US Dollar (USD) started the new week on a bullish note after having registered strong gains against its major rivals ahead of the weekend. The latest…
USD Index Price Analysis Further losses exposes a drop to the 2023 low
DXY loses ground for the third session in a row and slips back to the area of 2-month lows around 101.20 on Thursday. The loss of…
EURHUF Forint rally could end soon, but still popular within CEE region – ING
The Hungarian Forint has made by far the biggest gains against the Euro (5.8% excl. carry) in the EMEA space. Room for rally is shrinking…
NZDUSD surrenders modest intraday gains, holds steady above 0.6200 amid weaker USD
The NZD/USD pair attracts fresh sellers following an intraday uptick to the 0.6235 area on Tuesday and drops to the lower end of its daily trading…
EURUSD drops to four-day lows after NFP as USD strengthens
The EUR/USD fell from 1.0915 to the 1.0880 zone, reaching the lowest level since Monday, after the release of the US employment report. Numbers came in mostly…
The Czech Koruna has the perfect conditions for a recovery – ING
Today’s calendar includes a monetary policy meeting of the Czech National Bank (CNB). Economists at ING expect EUR/CZK to move below 23.50. CNB to confirm…