Financial and Business News
GBP/USD remains vulnerable despite oversold on the daily chart. Risk-aversion, Fed-BOE contrast and weak UK
Gold has dropped to $1,915 – its third consecutive day of losses. Despite falling US
Quek Ser Leang at UOB Group’s Global Economics and Markets Research suggests further upside in
Quek Ser Leang at UOB Group’s Global Economics & Markets Research noted USD/MYR faces the
German IFO Business Climate Index came in at 91.8 in April. IFO Current Economic Assessment
Following the release of the German IFO Business Survey, the institute’s Economist Klaus Wohlrabe said that
Economist Klaus Wohlrabe at Germany’s IFO said that they do not see a risk of recession
In its spring forecast, Germany’s government raised the 2022 inflation forecast to 6.1% vs. 3.3%
USD/CAD bulls take a breather after a remarkable upsurge to six-week highs. The US dollar
Analysts at Morgan Stanley revised down their forecasts for Eurozone GDP growth this year and
