EUR/GBP Implied Volatility Surges to Highest Level Since 2022 Mini-Budget – ING
Implied volatility in EUR/GBP has spiked as markets adopt a cautious stance ahead of tomorrow’s UK Budget, according to ING FX strategist Francesco Pesole.…
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EUR: Move below 1.1500 not likely to last – ING
EUR/USD is currently trading about 2% below its fair value, according to ING FX strategist Francesco Pesole, who says the…
Pound Sterling edges higher despite rising BoE rate-cut expectations
The Pound Sterling (GBP) saw a mild recovery on Thursday, gaining against most major currencies except the antipodeans. This uptick…
AUD/USD: Expected to hold between 0.6450 and 0.6510 – UOB
UOB Group analysts Quek Ser Leang and Peter Chia expect the Australian Dollar to remain range-bound in the near term,…
ECB’s Makhlouf: Current rate stance remains appropriate
European Central Bank Governing Council member and Irish central bank governor Gabriel Makhlouf said on Thursday that the ECB’s current…
WTI Crude stays below $60 as oversupply worries persist
WTI Crude Oil pared some losses on Thursday but remains stuck under the key $60.00 level, with oversupply concerns preventing…
GBP: Budget-related risk premium likely to persist – ING
According to ING FX strategist Francesco Pesole, markets will hear from both ends of the Bank of England’s policy spectrum…
USD Holds Near 200-Day Moving Average as Markets Await Nvidia Earnings – BBH
The US Dollar remains firm near its 200-day moving average, while US equity futures are steady ahead of Nvidia’s quarterly…
China’s Inflation Turns Positive in October as Consumer Prices Rebound – UOB Group
China’s Consumer Price Index (CPI) returned to positive territory in October, rising 0.2% year-on-year after two consecutive months of deflation,…
EUR/GBP Holds Below 0.8800, Downside Limited as ECB-BoE Policy Paths Diverge
The EUR/GBP pair trades slightly lower for the fourth straight session, hovering around 0.8790 during Monday’s European trading hours. While…