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AUD and NZD eyed amid global growth and commodity ties – Rabobank
Since both the New Zealand Dollar (NZD) and the Australian Dollar (AUD) have links to commodities, historically they have been viewed as ‘risky’ currencies which tend to rally when growth prospects are strong and vice-versa, Rabobank's FX analyst Jane Foley reports.
USD/CNH: Decline is likely limited to a test of 6.9470 – UOB Group
US Dollar (USD) could edge lower; any decline is likely limited to a test of 6.9470. In the longer run, USD is under mild downward pressure and could edge lower to 6.9400, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, Jan 21
SNB’s Schlegel: Some negative inflation prints are possible this year
Swiss National Bank (SNB) Chairman Martin Schlegel said during European trading hours on Wednesday that there is a high possibility of “negative inflation prints this year”, and, however, a few months of negative inflation “wouldn't be a problem”.
Fxstreet
Wed, Jan 21
When is the US President Trump’s speech at WEF in Davos and how could it affect EUR/USD
United States (US) President Donald Trump is scheduled to deliver his speech at the World Economic Forum (WEF) in Davos after 13:00 GMT. Trump’s trip to Davos was delayed after Air Force One was forced to turn around due to a "minor electrical issue".
Fxstreet
Wed, Jan 21
EUR/CAD slips to near 1.6200 as Canadian Dollar gains on Oil boost
EUR/CAD inches lower after three days of gains, trading around 1.6200 during the European hours on Wednesday. The currency cross struggles as the commodity-linked Canadian Dollar (CAD) receives support amid higher Oil prices.
Fxstreet
Wed, Jan 21
ECB’s Lagarde: New tariffs could be inflationary in the near term
European Central Bank (ECB) President Christine Lagarde said during European trading hours on Wednesday that trade disputes between the United States (US) and the European Union (EU) underscore the need for a deep review of how we organize the European economy.Fxstreet
Wed, Jan 21
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