Forex Today: Mood improves but markets are not yet out of the woods
What you need to know on Wednesday, February 16: The market mood improved on Tuesday
GBP/USD set to move downward to test the 1.34 level – Scotiabank
Price action in the GBP/USD pair looks contained to a 1.35-1.36 range for the most
USD/JPY: Final period of the move higher – MUFG
Analysts at MUFG Bank have a positive outlook for the USD/JPY pair. They forecast it
EUR/USD: ECB’s hawkish policy pivot offers more support for the euro – MUFG
The bias for the EUR/USD is neutral, according to analysts at MUFG Bank. They see
Fed: A 50-bps March rate hike on the cards, USD upside appears limited – Nomura
Analysts at Nomura suggest a 50-basis point rate hike at the March 15-16 Federal Open
German ZEW Economic Sentiment Index improves to 54.3 in February, misses estimates
German ZEW Economic Sentiment arrived at 54.3 in February, up from 51.7 previous. The ZEW
AUD/USD ignores China inflation to refresh intraday top below 0.7200 on cautious optimism
AUD/USD picks up bids to refresh intraday high, extends previous day’s rebound from weekly low.
Japan Finmin Suzuki: FX moves partly behind recent rises in Japan prices, but driven mostly by rising global fuel costs
Japan's Finance Minister Shun'ichi Suzuki has stated that FX moves are partly behind recent rises in
EUR/USD pullback eyes 1.1300 ahead of Fed Minutes, US Retail Sales
EUR/USD pares the biggest daily gains in two weeks. ECB's Schnabel sounds hawkish but not
US yet to verify pull back of Russian troops, yet risk-on ahead of European open
The Asian session has been risk-on, equating to a recovery in stocks and a weak