US dollar: Looking for a gradual softening over the medium term – Wells Fargo
Analysts at Wells Fargo, point out that with many G10 central banks likely to begin
GBP/USD remains defensive below 1.3850, UK job data eyed
GBP/USD remains muted on Tuesday in the Asian session. Hawkish BOE surprise keeps sterling off
EUR/USD treads water around 1.1800 with eyes on US Inflation
EUR/USD fades bounce off monthly low, eases from intraday high of late. Risk appetite turns
USD/CNH keeps the consolidative theme unchanged – UOB
USD/CNH poised to extend the consolidation range within the 6.4240-6.4800 range in the next weeks.
USD/JPY upside momentum loses traction – UOB
UOB Group’s FX Strategists noted that USD/JPY still faces some consolidation within the 109.30/110.55 range
German economy ministry: GDP growth to pick up significantly in Q3
The German economy ministry was out with some comments in the last hour, saying that
AUD/USD bounces off lows, holds steady above mid-0.7300s
AUD/USD found some support near the 0.7335 region on Monday amid the prevalent risk-on mood.
EUR/USD risks a deeper pullback on a close below 1.1770 – UOB
In opinion of FX Strategists at UOB Group, EUR/USD risks extra losses if 1.1770 is
GBP/USD could still test the 1.3890 level near-term – UOB
Cable still targets the 1.3890 level as long as it does not break below 1.3760,
AUD/USD still looks consolidative – UOB
FX Strategists at UOB noted AUD/USD still faces further consolidation in the next weeks. Key