Forex

The USD has been in a retreat since October, as inflation CPI (consumer price index) started to cool off and the FED started to turn the rhetoric less hawkish. They…

EUR/CZK moved below 23.60 for the first time since the sell-off in global markets two weeks ago after CNB’s hawkish tone.  Koruna welcomes hawkish Czech National Bank “The CNB board…

The weekly upside bias in EUR/USD appears to have met a tough barrier around the 1.0850 region for the time being. EUR/USD looks offered as dollar rebounds EUR/USD loses some momentum following…

The optimism around the European currency remains well and sound and motivates EUR/USD to advance to 2-day highs around 1.0830 on turnaround Tuesday. EUR/USD up on risk-on mood, dollar weakness EUR/USD advances…

The CAD has underperformed last week, losing ground on the generally softer USD. Economists at Scotiabank believe that the USD/CAD pair could enjoy further gains this week. CAD’s struggles continue “On the…

The GBP/USD pair comes under intense selling pressure on Friday and extends the overnight retracement slide from the vicinity of mid-1.2300s, or its highest level since February. Spot prices, however,…

Analyst at Rabobank maintain their one and three month forecasts for the EUR/USD pair at 1.06 and 1.05 respectively, but they tweaked their six and 12-month forecast, pushing them slightly higher. Key…

The Bank of England (BoE) is forecast to hike its key rate by 25 bps to 4.25%. In the view of economists at ING, GBP/USD is set to climb toward 1.25 in…

The buying interest around the European currency remains well and sound and pushes EUR/USD to the boundaries of the 1.0800 neighbourhood, or 5-week highs, on Wednesday. EUR/USD remains bid on Fed-day EUR/USD…

The Kiwi is lower. But analysts at ANZ Bank are not reading too much into it given how volatile markets have been of late. Lots of balls in the air “Fears about…