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USD/THB faces the next resistance at 34.25 – UOB
Quek Ser Leang at UOB Group’s Global Economics and Markets Research suggests further upside in
USD/MYR: Next target comes at 4.40 – UOB
Quek Ser Leang at UOB Group’s Global Economics & Markets Research noted USD/MYR faces the
German IFO Business Climate Index improves to 91.8 in April, rescues EUR bulls
German IFO Business Climate Index came in at 91.8 in April. IFO Current Economic Assessment
German IFO’s Economist: Economy is robust in face of uncertainty
Following the release of the German IFO Business Survey, the institute’s Economist Klaus Wohlrabe said that
German IFO’s Economist: See no recession in Q1
Economist Klaus Wohlrabe at Germany’s IFO said that they do not see a risk of recession
German government raises 2022 CPI forecast to 6.1% vs. 3.3% seen in January – Reuters
In its spring forecast, Germany’s government raised the 2022 inflation forecast to 6.1% vs. 3.3%
USD/CAD off six-week highs, tracks USD lower ahead of BOC’s Macklem
USD/CAD bulls take a breather after a remarkable upsurge to six-week highs. The US dollar
Eurozone GDP now seen at 2.7% in 2022 vs. 3% previous – Morgan Stanley
Analysts at Morgan Stanley revised down their forecasts for Eurozone GDP growth this year and
GBP/USD plummets to 1.2700 neighbourhood, lowest level since September 2020
GBP/USD witnessed aggressive follow-through selling for the third successive day on Monday. Signs that the
EUR/USD looks depressed near 1.0700, USD in new cycle tops
EUR/USD comes under heavy pressure near 1.0700. German 10y bund yields break below the 0.90%.
