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Dollar slides as Powell faces DoJ subpoenas – ING
The US Dollar’s (USD) steady rise was disrupted after Fed Chair Jerome Powell revealed grand jury subpoenas from the Justice…
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JPY struggles amid political uncertainty – ING
Picking a bottom on the Japanese Yen (JPY) remains hard. Speculation that Prime Minister Sanae Takaichi will dissolve the parliament…
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EUR and SEK seen as potential beneficiaries – ING
Despite limited euro-zone data and muted European Central Bank (ECB) messaging, EUR/USD could move toward 1.16 and potentially 1.17–1.1750 if…
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Oil rises on Iran unrest and Russia supply risks – ING
After a strong end to last week, the Oil market has continued to strengthen in early-morning trading today as protests…
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CAD: Canadian jobs data seen softening further in December – ING
December labour data are expected to show a mild contraction in Canadian employment and a rise in unemployment to 6.7%,…
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EUR: SCOTUS tariff ruling seen as mild USD positive – ING
A Supreme Court ruling against Trump-era tariffs could marginally support the USD while improving global risk sentiment, favouring high-beta currencies…
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USD: Mixed US data leaves Dollar directionless – ING
US data was very mixed yesterday and failed to provide a new directional catalyst for the dollar after the Venezuelan…
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European Gas prices rise on colder weather – ING
European Gas prices moved higher as colder weather and forecasts for continued low temperatures boosted demand and accelerated storage withdrawals.…
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EUR: Euro CPI on target, ECB hawkish bias intact – ING
Despite sub-consensus German CPI, euro area figures were in line with the 2.0% consensus. As discussed yesterday, even a small…
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Venezuela headlines weigh further on Oil prices – ING
Developments around Venezuela continue to grab headlines, putting further pressure on Oil prices. President Trump said that Venezuela will sell…
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