Analysts at TD Securities have revised their FX forecasts for substantially weaker currencies vs USD until at least the end of Q2. Key quotes “CNY sho
Blogs
Copper Futures: Recovery exhausted?
Traders trimmed their open interest positions in Copper futures markets for the third consecutive session on Friday, now by around 4.5K contracts. Vol
EUR/SEK: Fundamentally bearish – Danske Bank
EUR/SEK has been edging lower over the last couple of weeks with support from the turnaround in equities, per Danske Bank. The pair is sitting at 10.8
EUR/USD: Shared currency, unshared debt
EUR/USD has been under pressure as tension is mounting towards the EU Summit later this week, FXStreet’s analyst Yohay Elam reports. Key quotes “Coron
USD/CNH faces consolidation between 7.0450 and 7.1250 – UOB
FX Strategists at UOB Group believe USD/CNH has now moved into a consolidative phase. Key Quotes 24-hour view: “Our expectation for USD the ‘pullback
AUD/USD remains confined in a range, around mid-0.6300s
The AUD/USD pair lacked any firm direction and remained confined in a narrow trading band, around mid-0.6300s through the Asian session. The pair fail
Gold Futures: Further losses on the cards
According to flash readings from CME Group for Gold futures markets, open interest went up by almost 2.6K contracts, extending the recent choppy trade
ECB’s Enria: The central bank will give banks ample time to resume pre-crisis capital rules
While speaking to the Spanish newspaper El Confidencial, the European Central Bank (ECB) Chief Supervisor Andrea Enria said that the central bank will
USD/CAD: Back into previous range – OCBC
The near-term floor for the USD/CAD remains at 1.4000, according to Terence Wu, an FX strategists at OCBC Bank. Key quotes “Note that the crude comple
New Zealand: Annual inflation won’t fall as low as previously thought – Westpac
Consumer prices rose 0.8% in the March quarter, much stronger than expected. While annual inflation rose to 2.5%, economists at Westpac expect it to d