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FX Update October 7 – YEN breaks 106.00

USDJPY, H1 The USD has come off the boil after rallying during the New York afternoon when President Trump abruptly called off talks with the...

Dovish Lagarde – EUR dipped

Lagarde leads dovish ECB voices at central bank conference. The Bundesbank President warned that large scale asset purchases are likely to blur the line between...

EURCHF in the spotlight after solid PMIs

Eurozone manufacturing PMI revised up to 51.8 in the final reading for July - versus 51.1 reported in the preliminary release. The jump from 47.4...

EUR up ahead of EU Summit

 EU summit goes into fourth day amid signs of a compromise on the recovery fund. That this wouldn't be an easy summit was clear,...

GBP saw 3-month low VS EUR

Cable has found a footing in the mid 1.2300s after last week tumbling from the mid 1.2500s, which culminated late Friday with a 1-month low...

Is it really a sign for recovery?

The ECB minutes yesterday highlighted again that the central bank is very far away from considering exit moves from the pandemic emergency purchase programme (PEPP)...

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