News

EUR/GBP holds positive ground above 0.8400 after UK GDP data
The EUR/GBP cross pares recent gains near 0.8430 during the early European session on Thursday. The Pound Sterling (GBP) ...
USD/CHF trades with negative bias around 0.8400, downside potential seems limited
The USD/CHF pair struggles to capitalize on the previous day's modest gains and meets with a fresh supply during the Asian ...
Eurozone Bond Yields Open Marginally Higher
Eurozone government bond yields edge marginally higher after market opening, awaiting domestic and U.S. data. In the U.S., retail sales will be the main highlight after a strong March, while the PPI ...
ING Think30m
FX Daily: Case against the dollar continues to build
The dollar has softened a little in quiet markets. US Treasuries have struggled to shake off April's underperformance and a ...
U.K. Economy Raced at Start of Year But Slowdown Looms — 2nd Update
Among the hurdles ahead for the British economy is an increase in taxes on employers that came into effect at the start of the second quarter. Along with an increase in the minimum wage, that has ...
Wall Street rises and FTSE falls as China hits out at UK-US trade deal
China reportedly criticised the deal, saying it could be used to squeeze its products out of Britain’s supply chains.
Dollar Seen as Likely to Weaken But Preserve Reserve Currency Status
The dollar remains overvalued by 5% to 10% against a broad basket of currencies, First Eagle said citing a proprietary model. The WSJ Dollar Index was flat.