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Forex
EUR/USD steadies as strong US PPI data fails to lift Dollar
EUR/USD steadies on Friday, extending the range-bound price action that has defined trading so far this week. The Euro (EUR) remains relatively firm after the US Dollar (USD)…
Data and surveys preview – Deutsche Bank
Deutsche Bank outlines a busy UK data calendar, expecting stronger Net Consumer Credit, a partial rebound in Mortgage Approvals to 64.5k, and unchanged PMI Manufacturing and…
Dow Jones drops 600 points as hot PPI data rattles markets
The Dow Jones Industrial Average fell 600 points, or 1.15%, tumbling back below 49,000 on Friday, capping off a turbulent final trading week in February. The S&P 500 dropped…
NZD/USD rises as US Dollar dips, RBNZ growth outlook supports gains
NZD/USD trades around 0.6000 on Friday at the time of writing, up 0.19% on the day, benefiting from a modest pullback in the US Dollar (USD) amid a wait-and-see mood ahead of fresh…
Inflation seen higher on base effects – DBS
DBS Group Research expects Indonesia’s February inflation to rise to 4.1% year-on-year, driven by a low base and fading one-off stimulus in administered prices. While most…
AUD/USD holds firm as US Dollar retreats despite firm PPI
The Australian Dollar (AUD) trades flat against the US Dollar (USD) on Friday as the Greenback reverses earlier gains despite stronger-than-expected US Producer Price Index (PPI)…
GBP/USD slips as US PPI lifts US Dollar, Middle East risks rise
The Pound Sterling (GBP) drops some 0.10% on Friday as the Greenback is underpinned by a hot inflation report in the US, which prompted investors to price in a less dovish Federal…
Weak growth impulse and fiscal risks – Societe Generale
Societe Generale’s Kunal Kundu reviews India’s FY27 Union Budget, highlighting policy continuity and fiscal consolidation in a context of geopolitical strains and currency…
Data to confirm strong upswing – DBS
DBS Group Research expects Taiwan’s upcoming January export orders and industrial production to show strong double-digit growth, helped by last year’s low base and robust global…
US Dollar slips on trade uncertainty as NFP, Eurozone HICP loom
The US Dollar (USD) lost ground this week amid geopolitical uncertainty and the United States (US) trade policy developments after the Supreme Court ruled the Trump…