USD/THB: Gradual downside bias projected – UOB
UOB economists Enrico Tanuwidjaja and Sathit Talaengsatya note that the Thai Baht’s rally paused in January as a sharp Gold correction disrupted retail Gold markets and generated two-way FX flows. The Bank of Thailand continues to smooth volatility and scrutinize Gold-linked FX. Source link
Slower sales and softer PMIs – TD Securities
TD Securities’ Global Strategy Team expects UK Retail Sales growth to slow sharply in January and anticipates some loss of momentum in both Manufacturing and Services PMIs. While consumers are seen as resilient and PMIs remain in expansion territory, the underlying trend is viewed as more moderate, with UK growth in 2026 described as cautious […]
Political succession risks and policy outlook – Rabobank
Rabobank’s Bas van Geffen analyses reports that President Lagarde may leave the ECB early, arguing this is not required to safeguard ECB independence but could help France retain influence on the Executive Board. The bank expects Germany and France to keep board seats but not the presidency, and stresses that successors to Lane and Schnabel […]
Triangle consolidation caps upside – Scotiabank
Scotiabank Scotiabank analysts Shaun Osborne and Eric Theoret note the Canadian Dollar is slightly weaker but holding above 1.37, with USDCAD tracking broader Dollar moves. Their fair value estimate has edged up to 1.3625, reflecting less favourable drivers for the CAD. Technically, they see a broad consolidation, with strong resistance in the upper 1.36s and […]
Pound sterling struggles below 1.3500 vs. USD amid BoE rate cut bets
The GBP/USD pair is seen consolidating its weekly losses registered over the past three days and oscillating in a narrow range near a four-week trough, touched during the Asians session on Thursday. Spot prices currently trade just below the 1.3500 psychological mark and seem vulnerable to slide further. The British Pound (GBP) continues with its […]
Will the RBA look through a slight rise in Australia’s unemployment rate?
The Australian monthly employment report is scheduled for release on Thursday at 00:30 GMT, and market participants anticipate a modest increase in jobs in January. The Australian Bureau of Statistics (ABS) is expected to announce that the country added 20K new jobs in the month, while the Unemployment Rate is forecast at 4.2%, up from […]
