News
Important Only
Bundesbank: German economic output could increase slightly in Q3
TRY: Lira depreciates faster ahead of rate decision – Commerzbank
EUR/USD grips gains slightly below 1.1100 ahead of Jackson Hole meeting
CAD: Canadian inflation before the final steps towards the 2% target – Commerzbank
PR NewswireAug 20, 2024
JinkoSolar Announces Changes to Its Board of Directors
FxstreetAug 20, 2024
Copper extends last week’s gain – ANZ
Economic Indicator
Bundesbank: German economic output could increase slightly in Q3
Germany’s central bank, the Bundesbank, said in its monthly economic report published on Tuesday that the “German economic output could increase slightly in Q3.” Additional takeaways German economic output could increase slightly in Q3.Fxstreet
Aug 20, 2024
Forex
Will the Riksbank fall in line with market expectations? – Commerzbank
The general consensus is that the Riksbank will cut the key interest rate today by 25 basis points to 3.50%, After all, inflation is trending downwards, although the monthly changes in the core rate could fall a little more, Commerzbank’s FX Analyst Antje Praefcke notes Two or three more moves for the rest of the year “The economy is weakening and could be supported with interest rate cuts.
Forex
EUR/USD: FX options markets suggest some active buying – ING
EUR/USD continues to grind higher without much news. At the heart of the story is whether EUR/USD will break out of an 18-month trading range, which has largely contained EUR/USD between 1.05 and 1.11, FX strategist Chris Turner notes.Fxstreet
Aug 20, 2024
Forex
JPY carry trades – DBS
The Japanese Yen (JPY) has rebounded from a record under-valuation in the wake of BOJ's rate hike in July, accompanied by a reduction in the pace of JGB purchases from JPY6trn per annum to about JPY3trn in Q1 2026, DBS FX strategist Chang Wei Liang notes.
Fxstreet
Aug 20, 2024
