A hung parliament was widely expected in France, but the surprise win by the left-wing coalition may cause market concern ahead of coalition talks. Still, Macron’s party coming...
Markets are monitoring the first week of Keir Starmer as UK Prime Minister following an uneventful election day for sterling and gilts, FX analyst at ING...
The dollar is modestly stronger out of the weekend as a surprise win of the left-wing alliance in the French second-round legislative elections sent European currencies...
Instead of declining further, the US Dollar (USD) is more likely to trade in a 7.2800/7.2970 range, or at least in a wider range between 7.2700...
Further Pound Sterling (GBP) strength is not ruled out. As rapid rise is approaching overbought levels, 1.2860 is unlikely to come under threat. Nevertheless, risk for...
The Dollar Index (DXY) is trading lower near 105. EUR/USD is trading higher near $1.0825. USD/JPY is trading lower near 160.80, BBH FX strategists note. Friday...
Despite Pound Sterling’s (GBP) limited reaction to the UK election result, the drop in the value of the US Dollar (USD) over the past couple of...
The minutes of the June European Central Bank (ECB) meeting, published yesterday, showed some members did not agree with cutting rates, ING FX analyst Francesco Pesole notes....
The People’s Bank of China (PBOC) announced CGB borrowing from primary dealers earlier this week. Reportedly, the central bank identified two potential operators yesterday. Such policy change...
Chance for the New Zealand Dollar (NZD) to retest the 0.6130 level; the major resistance at 0.6150 is unlikely to come into view. With that said,...
The Pound Sterling (GBP) has rebounded against the US Dollar (USD) so far this week ahead of today’s UK election, MUFG FX strategists note. GBP/USD benefits...
The key takeaway from the US Federal Reserve’s (Fed) minutes of its 11/12 Jun 2024 Federal Open Market Committee (FOMC) meeting, was the Fed policymakers’ concern...
The Australian Dollar (AUD) is likely to trade in a sideways range of 0.6685/0.6735. If AUD can surpass 0.6755, it could continue to rise to 0.6800,...
Yield differentials seem important to the USD/JPY outlook. FX intervention may be on the cards again very soon because the Japanese Yen (JPY) is weak, weighing...
Today is the last day of the Sintra summit, which will include comments by ECB’s Lagarde, Luis de Guindos, Piero Cipollone, Philip Lane and Klaas Knot,...
The manufacturing PMI stayed below 50 for a second straight month in June as demand softened. Real activity growth likely edged down partly due to base...
Current price movements are likely part of a consolidation, likely between 1.2600 and 1.2720. The Pound Sterling (GBP) could rebound further, but any advance is unlikely...
The relief rally in the Euro (EUR) following French election results being in line with expectations ran out of steam on Monday, and there are doubts there...
The Reserve Bank of Australia (RBA) published the minutes of its 18 June policy meeting last night that confirmed that board ultimately saw the case for...
The US Dollar (USD) is firmer across the board and the US yield curve (10 minus 2-year Treasury yields) steepened, BBH strategists note. USD remains bullish...