FOMC unlikely to be hawkish, USD/JPY sees selling zone above 110.00 – Societe Generale
Analysts at Societe Generale offer their insights on trading USD/JPY on the FOMC monetary policy
UK annualized CPI beats estimates with 2.1% in May, GBP/USD tests 1.4100
UK CPI rises by 2.1% YoY in May vs. +1.8% expected. Monthly UK CPI arrives
EUR/CHF set to extend its slide towards the 1.08 mark – Credit Suisse
Economists at Credit Suisse do not expect any significant policy changes from the SNB meeting.
EUR/NOK: Upgrade in Norges Bank’s projections to drive renewed appetite for the downside – Credit Suisse
Economists at Credit Suisse expect the Norges Bank to validate markets’ expectations of a Q421
Copper Price: Scope for a deeper fall towards the $9237/8873 zone – Credit Suisse
Copper (LME) extends its consolidation/setback as it failed to remain above $10000. The metal is
USD/CAD: Loonie’s weakness above 1.21 to gain traction – DBS Bank
Economists at DBS Bank note that CAD weakness above 1.21 per USD gains traction. USD/CAD
EUR/GBP Price Analysis: Slides further below 0.8600 mark, fresh session lows
EUR/GBP witnessed some fresh selling on Wednesday and erased the previous day’s gains. The formation
China’s NBS: Foundation for domestic economic recovery is not yet consolidated
Following the release of the May activity numbers, China’s National Bureau of Statistics (NBS) released a statement,
China’s May data dump: Retail Sales and Industrial Output miss estimates
China’s May Retail Sales YoY, the number arrived at +12.4% vs. +13.6% expected and +17.7% last,
Ethereum price isn’t out of the woods just yet, ETH targets $2,300 first
Ethereum price seems prime for rejection. A spike in selling pressure could see ETH drop