The US Dollar (USD) is still on top across G10 and EM FX. Economists at ING analyze Greenback’s outlook.
Blogs
Gold price recovers as escalating Middle East tensions improve safe-haven appeal
Gold price (XAU/USD) rises further on Friday’s European session as the appeal for safe-haven assets improves due to the deepening Middle East conflict.
Mexico Retail Sales (MoM) came in at 0.1% below forecasts (0.5%) in November
Mexico Retail Sales (MoM) came in at 0.1% below forecasts (0.5%) in November
Mexico Retail Sales (YoY) came in at 2.7% below forecasts (3.2%) in November
Mexico Retail Sales (YoY) came in at 2.7% below forecasts (3.2%) in November
EUR/GBP: 0.8640 could be the next big resistance – ING
The Pound Sterling (GBP) sustained its good form of 2023 in early 2024 following the upside surprise for the UK Consumer Price Index (CPI) in December.
EUR/USD can consolidate around 1.0850/1.0900 – ING
EUR/USD tested yearly lows in the mid 1.0800-1.0900 range. Economists at ING analyze the world’s most popular currency pair outlook.
India FX Reserves, USD: $618.94B (January 8) vs $617.3B
India FX Reserves, USD: $618.94B (January 8) vs $617.3B
USD/CHF consolidates above 0.8670 with SNB Jordan's comments weigh on the Franc
The US Dollar is consolidating gains near omne-month highs against the ASwiss Fran.
USD/JPY could rise a little further if the BoJ stays on hold – Commerzbank
The Japanese Yen (JPY) has lost considerable ground against the US Dollar (USD) since the beginning of the year.
EUR/GBP approaches 0.8600 as weak UK Retail Sales dampen economic outlook
The EUR/GBP pair is advancing towards the round-level resistance of 0.8600 in the European session.