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Oil prices traded lower yesterday after President Trump’s speech at the World Economic Forum, while European gas prices remain well supported given storage concerns. Energy Oil prices came under pressure yesterday after President Trump's virtual address at the World Economic Forum at Davos, where he

The New Zealand dollar dropped as much as 0.5% earlier today but has recovered. In the European session, NZD/USD is trading at 0.5684, up 0.10% on the day. New Zealand inflation unchanged at 2.2% New Zealand CPI, released quarterly, was unchanged in the fourth quarter at 2.2% y/y. This was slightly

The Euro (EUR) has slipped back to the mid-1.03 area after failing to hold gains through the low 1.04s yesterday, Scotiabank’s Chief FX Strategist Shaun Osborne notes. EUR weakens after failing to hold 1.04+ gains“It’s all headline-driven movement, with little regard for fundamental developments, ho

USD/CHF appreciated following news that President Trump intends to direct federal agencies to review tariff policies. Traders speculate that Trump’s policies could lead to inflationary pressures, possibly restricting the Fed to just one more rate cut. The Swiss Franc remains generally weak as invest

EUR/JPY loses traction to around 161.10 in Tuesday’s early European session, losing 0.62% on the day. The BoJ is anticipated to raise rates to the highest in 17 years. The ECB's dovish bets weigh on the shared currency. The EUR/JPY cross falls to near 161.10 during the early European session on Tues

After a few weeks of hesitation around the beginning of the new year, the equity bulls finally returned to the market last week on the back of a set of slower-than-expected inflation figures from both the US and the UK, and a set of stronger-than-expected US big bank results. The global bond yields

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