USD/CHF nears one-week high amid stronger US Dollar
The Swiss Franc (CHF) edges lower against the US Dollar (USD) on Tuesday, as a firmer Greenback underpins USD/CHF. At the time of writing, the pair trades near 0.7729, hovering close to a one-week high. The Greenback gains traction after last week’s US labor market and inflation data tempered expectations for early policy easing by […]
PCE seen re‑accelerating into 2026 – TD Securities
TD Securities forecasts PCE inflation to firm in December, with core PCE at 0.25% m/m and headline at 0.27% m/m, translating to 2.9% and 2.8% y/y respectively. Core CPI is expected to peak around 2.8% y/y in Q2 2026 as higher tariffs lift prices, before sticky inflation in H1 gives way to gradual disinflation in […]
German ZEW Survey – Economic Sentiment unexpectedly drops to 58.3
German ZEW Survey – Economic Sentiment unexpectedly drops to 58.3 in February. Economists expected the sentiment data to have improved to 65.0 from 59.6 in January. The ZEW Survey – Current Situation improves to -65.9 from -72.7 in October, but misses estimates of -65.7. In the Eurozone, the ZEW Survey – Economic Sentiment deteriorates to […]
GBP/JPY slips below 208.50 as BoJ-BoE policy gap weighs, UK jobs eyed
The GBP/JPY cross meets with a fresh supply in the vicinity of mid-209.00s during the Asian session on Tuesday and snaps a two-day winning streak. Spot prices drop to the 208.25 region in the last hour, stalling the recent recovery from a nearly two-month low, touched last Thursday. The initial market reaction to Japan’s weak […]
