ECB: 50bp hike next week has been well-communicated, focus will be on the path thereafter – Rabobank
The Federal Reserve, the Bank of England and the European Central Bank (ECB) will have
EUR/CHF: Still room to rise toward the 1.0500 area – MUFG
The EUR/CHF pair has climbed back above parity over the past week after bouncing off
German IFO Business Climate Index rises to 90.2 in January vs. 90.2 expected
German IFO Business Climate Index came in at 90.2 in January. IFO Current Economic Assessment
New Zealand PM Hipkins: Inflation is putting a strain on household budgets
New Zealand’s new Prime Minister (PM) Chris Hipkins expressed his view on stubbornly high inflation
USD/ZAR: Room for the South African Rand to play catch up with ongoing rally in EM FX – MUFG
Analysts at MUFG Bank see the USD/ZAR moving to the downside over the next days.
US: Durable Goods Orders rise by 5.6% in December vs. 2.5% expected
Durable Goods Orders in the US grew at a stronger pace than expected in December.
IFO’s Economist: German economy is starting the year with cautious optimism
Following the release of the German IFO Business Survey, the institute’s Economist Klaus Wohlrabe said that
USD/CAD bounces off multi-week lows near 1.3300
USD/CAD picks up some pace and retests 1.3330. US headline, Core PCE drifted lower in December.
GBP/USD retreats after facing a wall of resistance in 1.2400, slips to 1.2370s
GBP/USD is set to finish Friday with losses of at least 0.20%. United States inflation
EUR/USD holds at around 1.0860s as traders brace for the Fed and ECB’s decisions
The US core PCE, the Fed’s preferred gauge for inflation, edges down, sparking speculations for