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Forex
USD/JPY rises as Japanese Yen weakens on BoJ policy uncertainty
USD/JPY trades around 156.30 on Wednesday at the time of writing, up 0.26% on the day, as the Japanese Yen (JPY) remains under pressure against the US Dollar (USD). The pair…
Soft services inflation keep Riksbank cautious – Nordea
Nordea’s Torbjörn Isaksson notes that Swedish January CPIF and CPIF ex energy matched flash estimates, but services inflation surprised on the downside. Core services prices fell…
GBP/USD climbs as USD stalls amid trade uncertainty
The Pound Sterling advances during the North American session as the Greenback remains unchanged amid uncertainty on US trade policies, as investors wait results of one of the…
EUR/GBP slips as softer Eurozone inflation weighs on the Euro
The Euro (EUR) edges lower against the British Pound (GBP) on Wednesday as investors digest fresh Eurozone inflation figures and Germany’s fourth-quarter Gross Domestic Product…
Sticky CPI backs further RBA hike – TD Securities
TD Securities’ Global Strategy Team highlights that Australia’s January CPI remained elevated, with both headline and trimmed mean inflation above consensus. The report stresses…
Conviction-based cuts and dovish reaction – ABN AMRO
ABN AMRO Senior Economist Rogier Quaedvlieg argues that under Kevin Warsh, the Federal Reserve’s ‘conviction-based’ approach and a more dovish reaction function point to lower…
Mixed confidence data cloud outlook – TD Securities
TD Securities’ Global Strategy Team notes that US consumer confidence data surprised to the upside in February, mainly due to upward revisions to January. The present situation…
China commerce ministry pushes for progress in trade agreement with US
China commerce ministry expresses willingness to work with the United States (US) during European trading hours on Wednesday. The ministry added Beijing has fulfilled necessary…
Range highs eyed on policy risk pricing – HSBC
HSBC Global Research highlights that EUR/USD has been steady despite EU–US trade uncertainty, with much US policy risk already priced. The bank expects the pair to move back toward…
NZD/USD appreciates to near 0.6000 following Trump’s SoTU
NZD/USD remains stronger for the second successive day, trading around 0.5990 during the European hours on Wednesday. The pair strengthened as the US Dollar (USD) weakened…