The euro (EUR) remains stable against the US dollar (USD) and is consolidated around 1.11 in Tuesday’s NA session, says FX Strategy Head of Scotiabank, Shaun Osborne. The euro is still vulnerable to the divergence Fed/ECB “Market participants showed little reaction to mixed feeling data from Germany’s Zew investor, since the subcomponent of expectations offered […]
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The body operates defensively while the broader performance differentials remain a ballast – Scotiabank
The Canadian dollar (CAD) enters Tuesday’s na session with a slight decrease against the US dollar (USD) while continuing to operate defensively after the wide Rally of the USD on Monday, says Shaun Osborne, head of Strategy of FX de Scotiabank. USD/CAD seems well supported “The change in the perspective of the Central Bank’s policy […]
The dollar remains soft but clinging to recent profits before inflation data – Scotiabank
He US dollar (USD) is being negotiated against a small set of G10 coins, but maintaining most of its recent profits as we go to the NA session on Tuesday, says Shaun Osborne, head of Scotiabank FX strategy. USD is negotiated softly but maintains most of the recent profits before CPI data “The superior performance […]
The US dollar takes a step back before the US CPI.
The dollar at a disadvantage this Tuesday while the euphoria for the commercial agreement between the US and China fades quickly. The operators consider the next publication of the US CPI while the details on the commercial agreement between the US and China remain scarce. The US dollar index goes back to 101.60 after failing […]
The sterling pound faces pressure while the data of the labor market of the weak United Kingdom are paved the way to cuts of the BOE rates
The sterling pound faces pressure against its peers due to new data that shows that the United Kingdom labor market is cooling. The Weak United Kingdom Labor Market data raided the way for more interest rate cuts on the part of the BOE. Investors expect US inflation on Tuesday as the next catalyst for the […]
The US trade representative, Greer: we are advancing as fast as we can in the commercial agreements
The United States Trade Representative (USTR) Jamieson Greer told CNBC on Tuesday that he will take time to eliminate non -tariff barriers with China. Key aspects “I will talk to India’s Minister of Commerce on Tuesday, then I will fly to South Korea.” “We are discussing other agreements in parallel.” “We are moving as fast […]
The Mexican weight is strengthened in improving the feeling of global risk before US inflation data.
The Mexican weight advances as the markets adopt a risk tone before macro key events that affect the USD/MXN torque. The US CPI report is expected to be published on Tuesday to show stable inflation, shaping the expectations of feat cuts. The USD/MXN remains above the resistance of the trend line while traders expect the […]
Chinese copper imports have reached their limit – Commerzbank
In April, China imported a record of 2.92 million tons of copper and concentrate mineral. In the last 12 months, a total of 28.8 million tons were imported, which is also a historical record. Chinese copper imports have changed significantly in recent years, says Volkmar Baur, Commerzbank’s currency analyst. Between 2010 and 2024, imports increase […]
The price of gold clings to the rebound before the US CPI.
The price of gold is maintained with a gain of 0.5% on Tuesday while euphoria for the commercial agreement between the US and China fades quickly. The operators question recent agreements since details about the content of the current agreements with the United Kingdom and China are not provided. Operators are buying some safe refuge […]
USD/JPY: It will probably be negotiated in a range of 146.50/148.60 – UOB Group
The US dollar (USD) probably trades in a range of 146.50/148.60 against Japanese Yen (JPY). In the long term, there is likely that there is a greater strength of the USD, but first it could trade in a range for a few days; The level to be monitored is 149.30, the FX analysts of UOB […]
