GBP/USD recovers from low 1.26s. Economists at Scotiabank analyze the pair’s outlook.
Blogs
EUR/USD: Poised to take another run at major resistance in the 1.1015 area – Scotiabank
EUR/USD pushes higher. Economists at Scotiabank analyze the pair’s outlook.
USD/CAD maintains its bearish bias, capped below 1.3400
The US Dollar remains on the defensive with bulls capped at 1.3375.
Gold price stays sideways ahead of US core PCE data
Gold price (XAU/USD) struggles to come out of woods as investors are awaiting the release of the United States core Personal Consumption Expenditure Price Index (PCE) for November, due on Friday.
Mexico 1st half-month Core Inflation came in at 0.46% below forecasts (0.48%) in December
Mexico 1st half-month Core Inflation came in at 0.46% below forecasts (0.48%) in December
Mexico 1st half-month Inflation above forecasts (0.4%) in December: Actual (0.52%)
Mexico 1st half-month Inflation above forecasts (0.4%) in December: Actual (0.52%)
EUR/CZK: CNB’s decision could be the difference between returning to 24.60 or 24.20 – SocGen
Economists at Société Générale analyze how the Czech Central Bank decision could impact the EUR/CZK pair.
Euro fluctuates without a clear direction awaiting US PCE Inflation data
The Euro (EUR) is trading with a moderate bearish tone at the mid-range of 1.0900 on Thursday’s European morning session.
A soft landing is the most likely scenario – Nordea
Developments in the world economy and the financial markets in 2023 were fortunately much better than feared.
GBP/JPY attempts to return above 181.00 weighed by hopes of BoE cuts
The Pound is trading within a narrow range, with upside attempts capped below 181.00 so fast, as the soft inflation levels seen on Wednesday have boosted speculation of BoE cuts.