News

China private sector services activity picked-up in May, BBH FX analysts report. "The Caixin services PMI increased 0.1pts more than expected to 51.1 vs. 50.7 in April. Nevertheless, the recovery ...
There is scope for US Dollar (USD) to continue to weaken against Japanese Yen (JPY); the major support at 142.10 is unlikely ...
"Japan’s April labor cash earnings report was mixed. Nominal cash earnings were softer than expected at 2.3% y/y (consensus: ...
The Euro treads water above 16300 ahead of the ECB decision. Weak Eurozone GDP and inflation figures hint at further ECB cuts ...
From a momentum perspective, there is little evidence to support a bullish reversal in the short term. The daily RSI remains ...
New Zealand Dollar (NZD) could edge higher against US Dollar (USD), but any advance is unlikely to threaten this week’s high, ...
"Indeed, the BOE is expected to pause easing at the next June 19 meeting. Looking ahead, the swaps market continues to imply ...
Australian Dollar (AUD) could first test 0.6515 against the US Dollar (USD) before the risk of a pullback increases. In the ...
Recently, gold broke out of the descending wedge, pointing to renewed upside momentum. However, the price is now ...
Previewing the ECB’s April meeting, TD Securities analysts said: “We expect a 25 bps cut, with markets and consensus converging on the same. Projections are likely to be lowered for growth and ...
All eyes are on today’s ECB decision and Friday’s US NFP report which would provide fresh direction signals. The European ...
A total of 52 out of 52 surveyed economists expect a quarter point ECB rate reduction today. 'How could so many economists possibly be wrong?', UBS' economist Paul Donovan asks.