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Forex
Likely to trade in a range between 1.1700 and 1.1760 – UOB Group
Euro (EUR) is likely to trade in a range between 1.1700 and 1.1760. In the longer run, EUR is likely to trade between 1.1675 and 1.1790 for the time being, UOB Group's FX analysts…
Bias to lean against strength – OCBC
USD/JPY consolidated this morning, after 4 sessions of back-to-back decline. Pair was last at 147.10 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.2-way…
Inflation pickup to keep doves quiet – ING
Eurozone inflation accelerated yesterday, with headline CPI hitting 2.2% while core stayed at 2.3% for the fifth consecutive month, ING's FX analyst Francesco Pesole notes.Risks…
Likely to consolidate in a range of 1.3455/1.3525 – UOB Group
Pound Sterling (GBP) is likely to consolidate in a range of 1.3455/1.3525. In the longer run, GBP is likely to trade in a range between 1.3360 and 1.3525, UOB Group's FX analysts…
USD/JPY firms as Greenback rebounds, US shutdown clouds economic outlook
The Japanese Yen (JPY) halts its four-day winning streak against the US Dollar (USD) on Thursday, with USD/JPY edging higher during the American session. At the time of writing,…
Some risk premium is building – ING
EUR/GBP corrected lower on some EUR long squeezing yesterday, but seems to be lacking bearish momentum to trade back to 0.860, ING's FX analyst Francesco Pesole notes.Risks mostly…
AUD/USD is neutral for now – UOB Group
Further consolidation appears likely; softer underlying tone suggests a lower range of 0.6585/0.6625. In the longer run, Australian Dollar (AUD) is neutral now, and it is likely to…
USD/CHF eyes inverse H&S breakout – Société Générale
USD/CHF is consolidating after rebounding from its July low, with price action forming an Inverse Head and Shoulders pattern. A clear break above the neckline at 0.8020 is needed…
Likely to test 0.5840 before the risk of a pullback increases – UOB Group
There is a chance for New Zealand Dollar (NZD) to test 0.5840 before the risk of a pullback increases. In the longer run, NZD has likely moved into a 0.5770/0.5865 range-trading…
Dow Jones futures remain steady as traders expect brief government shutdown
Dow Jones futures hover near 46,700 during European hours on Thursday, ahead of the regular session opening in the United States (US). However, the S&P 500 futures advance…