Despite the slide in the US dollar, the greenback is still being viewed by most as an ‘overvalued currency’, while the Euro is perceived to be cheap.…Read More
Viraj Patel at ING Bank, in its latest daily fx strategy reports, notes that the GBP/USD pair is awaiting some positive fundamental or political new
Wall Street Journal (WSJ) report quotes people familiar with the BOJ’s thinking as saying that the central bank is optimistic about achieving 2 percen
WTI oil has recovered from the ten-day low of $62.75 but still remains 1.10 percent lower on the day at $63.10 levels.…Read More
“USD/JPY is slightly under pressure this morning, as concerns about a potential US government shutdown weigh on the cross” writes Christin Tuxen, Chie
• Continues gaining traction amid notable USD weakness.
• DXY struggles to find support from surging US bond yields.
• Likely to consol