Stilwell

EUR/USD struggles near a multi-week low and is pressured by a combination of factors. The ECB’s dovish outlook is seen undermining the shared currency amid a bullish USD. Bets that the Fed will adopt a cautious stance and rising US bond yields support the buck. The EUR/USD pair remains depressed dur

NZD/USD edges higher to 0.5790 in Thursday’s early Asian session. Chinese authorities expect Yuan to weaken as US tariffs loom, weighing on the NZD. Swaps traders are betting on a 25 bps rate cut at the Fed’s policy meeting next week. The NZD/USD pair trades with mild gains around 0.5790 during the

The European data calendar is quiet this week, and investors await the main event of the week – Thursday’s ECB decision. This month EUR/USD is staying offered despite a strong seasonal bullish tendency, ING’s FX analyst Chris Turner notes. January and February may become bearish for EUR/USD “Market

Next week, the ECB is set to cut rates for the fourth time this year. Unlike the previous three cuts, the outcome of next week’s rate decision is not given as 1) the restrictive policy stance, 2) the deteriorating growth outlook, and 3) inflation at target has opened discussions of a 50bp cut. While

NZD/USD meets with a fresh supply amid a slight deterioration in the global risk sentiment. The USD languishes near a multi-week low, though it does little to lend any support to the pair. Traders look to the US NFP report for cues about the Fed’s rate-cut path and a fresh impetus. The NZD/USD pair

In focus today President Macron is faced with the difficult task of appointing a new prime minister following PM Barnier being outed at yesterdays no-confidence vote. We think it is likely that a new government will not be formed before the new year, with the current government to continue in a care