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USD/CNH: Likely to trade in a range between 6.9650 and 6.9800 – UOB Group
US Dollar (USD) is likely to trade in a range between 6.9650 and 6.9800. In the longer run, USD remains neutral but is now expected to trade in a lower range of 6.9520/6.9900, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, Jan 14
Japan’s Yoshimura: PM Takaichi to call snap election in parliamentary session
Japan’s Ruling Ishin Party Leader Yoshimura said during European trading hours on Wednesday that Prime Minister (PM) Sanae Takaichi will call a snap election at the beginning of the parliamentary session.
Fxstreet
Wed, Jan 14
Silver rally stretches as momentum stays extreme – Société Générale
Silver has extended its breakout and is approaching the upper boundary of a steep ascending channel near $96.50–$97.00, with momentum indicators at multi-year highs despite clear signs of an overstretched trend, Société Générale's FX analysts note.
Fxstreet
Wed, Jan 14
GBP/USD: Major support at 1.3390 is unlikely to come under threat – UOB Group
Pullback has scope to extend; the major support at 1.3390 is unlikely to come under threat. In the longer run, GBP is likely in a range-trading phase between 1.3390 and 1.3520, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, Jan 14
USD: US-Greenland talks offer limited but positive risk relief for EUR – ING
A US delegation led by JD Vance and Marco Rubio meets Danish and Greenlandic officials today, but markets have so far priced little risk from US threats, leaving only modest scope for any geopolitical premium to unwind, ING's FX analyst Francesco Pesole notes.
Fxstreet
Wed, Jan 14
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