Author: finadmin

Data-heavy week under global pressure – ING

Data-heavy week under global pressure – ING

ING’s Frantisek Taborsky highlights a busy Central and Eastern Europe calendar with Czech inflation, Turkey’s inflation report and key Polish data, including GDP and core inflation. He notes CEE assets remain driven by global headlines, higher Oil prices and narrowing rate differentials, with EUR/CZK in focus after closing above 24.250 and seen with upside risk […]

Intervention credibility questioned – BNY

Intervention credibility questioned – BNY

BNY’s Geoff Yu and David Tam highlight that USD/JPY is grinding higher again after Japan’s recent intervention, with the Japanese Yen (JPY) having already surrendered much of its gains. They argue that a break above 160 would intensify pressure on authorities to adjust policy if a stronger Yen is truly desired, warning that failure to […]

New Zealand Dollar slips as USD firms on Mideast risks, Fed hike bets

New Zealand Dollar slips as USD firms on Mideast risks, Fed hike bets

The NZD/USD pair is seen extending Friday’s late pullback from the vicinity of the monthly peak – levels just above the 0.5900 mark – and drifting lower at the start of a new week. Spot prices, however, remain confined in a familiar range held over the past week or so and currently trade around the […]