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Forex
EUR/USD drifts lower in muted markets with all eyes on the US Congress
EUR/USD shows marginal losses on Wednesday, trading at session lows near 1.1670 at the time of writing, after peaking above 1.1600 on Tuesday. Investors are reluctant to take…
Risks to inflation are tilted a little bit to the upside
European Central Bank (ECB) executive board member Isabel Schnabel said at BNP Paribas' 9th annual Global Markets Conference "Europe Reimagined” that there is no need to adjust…
Indian Rupee turns fragile as India’s retail inflation growth cools down to 0.25%
The Indian Rupee (INR) is exposed to more downside against its major peers as India's retail Consumer Price Index (CPI) growth has cooled further. During late trading hours in…
Focus on Fed’s Williams speech today – ING
In our 2026 FX outlook published this week, we make the call that the low-volatility environment will extend into 2026 and carry trade strategies will remain popular. The question…
Dining out on the softer USD – ING
EUR/USD has held onto its gains this week – though that largely looks a function of the slightly softer dollar, ING's FX analyst Chris Turner notes.Softer US data is needed to…
Markets await Fed commentary, US House vote on funding bill
Here is what you need to know on Wednesday, November 12:The US Dollar (USD) stabilizes early Wednesday, after struggling to find demand on Tuesday. In the absence of high-impact…
Gold retreats from three-week high amid risk-on mood and firmer USD
Gold (XAU/USD) attracts some sellers during the Asian session on Wednesday and for now, seems to have snapped a three-day winning streak to the $4,150-4,155 region, or a three-week…
Seems vulnerable below 200-hour SMA near 0.5670
The NZD/USD pair meets with a fresh supply during the Asian session on Wednesday and now seems to have snapped a two-day winning streak, to the 0.5670 region, or a nearly one-week…
GBP/USD moves below 1.3150 as traders expect BoE rate cut in December
GBP/USD extends its losses for the second successive day, trading around 1.3140 during the Asian hours on Wednesday. The pair depreciates as the Pound Sterling (GBP) struggles amid…
Our best guess is monetary policy is still restrictive
Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser said on Wednesday, “Our best guess is the monetary policy is still restrictive, the committee is debating…