EUR/USD: A drop to the 0.9600-0.9650 supports cannot be excluded – ING
EUR/USD is surging this morning and trades near parity. However, economists at ING expect the
NZD/USD: Recovery should only be a 2023 story – ING
The Reserve Bank of New Zealand (RBNZ) is not lifting the kiwi despite its hawkish
Eurozone Sentix Investor Confidence deteriorates to -31.8 in Sept vs. -27.5 expected
The Eurozone Sentix Investor Confidence index came in at -31.8 in September from -25.2 in
USD/INR: Ruppe likely to weaken into the year-end – ING
The Indian rupee was one of Asia’s best-performing currencies in August, declining by only 0.48%
German Factory Orders decline 1.1% MoM in July vs. -0.2% expected
German Factory Orders dropped 1.1% MoM in July vs. -0.2% expected. German Factory output plunged
Eurozone Retail Sales drop 0.9% YoY in July vs. -0.7% expected
Eurozone Retail Sales stood at 0.3% MoM in July vs. 0.4% expected. Retail Sales in
AUD/USD: A deeper pullback now appears unlikely – UOB
Further retracements in AUD/USD now seem to have lost some momentum, according to FX Strategists
EUR/GBP bounces off multi-day low, reverses an intraday dip to sub-0.8600 levels
EUR/GBP remains under some selling pressure for the second successive day on Tuesday. Hopes for
GBP/USD: Sterling will struggle to strengthen given structural factors for UK remain an Achilles heel – MUFG
GBP/USD has risen up towards the 1.16 level and EUR/GBP has fallen back below 0.86
UK PM Truss plans £40 billion energy-aid package for businesses
UK incoming Prime Minister (PM) Liz Truss’s spokesman said that she plans a £40 billion energy-aid