ING’s FX analysts Francesco Pesole and Chris Turner have observed that recent Japanese efforts to turn around the USD/JPY bull trend have been highly effective. USD/JPY projected to return to
Investors are buzzing as Silver prices (XAG/USD) soared on Monday, reaching $27.99 per troy ounce, a 1.93% increase from Friday's price of $27.46. Since the start of the year, Silver
The Unwinding of Carry Trade: A Misleading Story The recent movement of the Japanese Yen (JPY) has been attributed to the 'unwinding of carry trades' by many. This narrative suggests
After some delay, the Bank of England (BoE) has finally initiated its easing cycle in August, as noted by ING’s FX analysts Francesco Pesole and Chris Turner. Despite the lack
On Monday, USD/CHF rose almost half a percent to trade in the 0.8690s as the US Dollar continued its recovery from recent lows. This rally comes after a period of
Today, there have been no major data reports, and with central bankers enjoying some time off at the beach, Scotiabank's chief FX strategist Shaun Osborne notes the current market conditions.
The NZD/USD pair has reached a nearly three-week high of 0.6030 during Monday's North American trading session, driven by strong performance of the New Zealand Dollar (NZD) ahead of the
As the G10 FX market shows a subtle split in performance, the Canadian Dollar (CAD) remains relatively unchanged, notes Scotiabank chief FX strategist Shaun Osborne. While the AUD and NZD
The recent 1 August rate cut by the Bank of England, coupled with significant position adjustments, has finally caused a change in the trend for EUR/GBP, according to ING’s top
Oil prices have continued to rise for the fourth straight day on Monday, driven by traders reacting to the Organization of the Petroleum Exporting Countries (OPEC) trimming its demand outlook