Blogs

European Central Bank (ECB) policymaker Mario Centeno said on Monday that the central bank “should start cutting rates sooner rather than later, but avoid abrupt moves.” Additional quotes Inflation is decreasing in a sustained manner.

EUR/USD moves lower during the European trading session on Monday, reaching near 1.0840.

Gold price (XAU/USD) kicks off the new week on a positive note, albeit struggles to build on strength and remains below the 50-day Simple Moving Average (SMA) during the Asian session.

Italy Trade Balance non-EU increased to €8.335B in November from previous €6.224B

Austria Purchasing Manager Index up to 43 in January from previous 42

The USD/CAD pair remains on the defensive for the third successive day on Monday, albeit lacks follow-through selling and manages to hold above last week's swing low, around the 1.3415 region.

Silver price (XAG/USD) jumps to near $23 as deepening geopolitical tensions improve appeal for bullions.

NZD/USD makes gains after two days of losses, rebounding to near 0.6110 during the early European session on Monday.

European Central Bank (ECB) Vice President Luis de Guindos said that the “ECB will cut interest rates when we are sure that inflation meets our 2% goal.” Additional takeaways We have seen good news on inflation recently and sooner or later this will be reflected in our monetary policy.

FX option expiries for Jan 29 NY cut at 10:00 Eastern Time, via DTCC, can be found below.