NZD/USD: Upward momentum has slowed – UOB Group
NZD/USD: Upward momentum has slowed – UOB Group
Outlook is mixed; New Zealand Dollar (NZD) is likely to trade in a 0.5675/0.5725 range vs US Dollar (USD).
NZDUSD
Technical Analysis
Banks
Gold homes in on the $3,000 mark
Gold homes in on the $3,000 mark
The big one is coming for gold
Gold
EU sanctions Russian vessels – ING
EU sanctions Russian vessels – ING
Supply uncertainty continues to support the oil market, which faces multiple risks, including disruptions to Kazakh flows, the potential for a delay in the return of OPEC+ barrels, weather events in the US, and ever-present sanctions risks hanging over the market.
Oil
Energy
Commodities
Banks
EUR/USD gains further after slighter higher US Initial Jobless Claims
EUR/USD gains further after slighter higher US Initial Jobless Claims
EUR/USD rises to near 1.0450 as the US Dollar (USD) declines in Thursday’s North American session.
EURUSD
ECB
Fed
RiskAppetite
SEO
NZD/USD gains to near 0.5730 as US Dollar faces selling pressure
NZD/USD gains to near 0.5730 as US Dollar faces selling pressure
The NZD/USD pair moves higher to near 0.5730 in European trading hours on Thursday.
NZDUSD
RBNZ
Fed
Inflation
RiskAppetite
GBP: The European bond market sell-off is unwelcome – ING
GBP: The European bond market sell-off is unwelcome – ING
If European bond markets are going to sell off further, life may become even harder for UK Chancellor Rachel Reeves, ING’s FX analysts Chris Turner notes.
GBPUSD
Technical Analysis
Banks
BOE
AUD/USD is under mild downward pressure – UOB Group
AUD/USD is under mild downward pressure – UOB Group
Australian Dollar (AUD) is under mild downward pressure vs US Dollar (USD); it could edge lower but is unlikely to break below 0.6305 (there is another support at 0.6325).
AUDUSD
Technical Analysis
Banks
Gold steadies underneath its fresh all-time high ahead of US trading session
Gold steadies underneath its fresh all-time high ahead of US trading session
Gold’s price (XAU/USD) orbits near its fresh all-time high after already having printed one in early European trading on Thursday. The push higher comes after United States (US) President Donald Trump said that a trade deal with China could be possible
Gold
Commodities
UnitedStates
SEO
TradeWar
JPY to outperform on the crosses, especially against the Euro – ING
JPY to outperform on the crosses, especially against the Euro – ING
This is not a broad-based decline but is largely led by developments in Japan, ING’s FX analysts Chris Turner notes.
USDJPY
Japan
BOJ
Banks
GBP to remain bullish near term – Danske Bank
GBP to remain bullish near term – Danske Bank
EUR/GBP broke firmly below the 0.83 mark during yesterday's session amid higher-than-expected inflation, Danske Bank's FX analyst Mohamad Al-Saraf reports.
GBPUSD
BOE
Inflation
Banks
Technical Analysis
Bullish
USD: The Fed doesn't seem worried about the consumer – ING
USD: The Fed doesn't seem worried about the consumer – ING
The Dollar Index (DXY) is a little softer, ING’s FX analysts Chris Turner notes.
DollarIndex
Technical Analysis
Banks
PBOC: To promote cross-border use of the Yuan currency
PBOC: To promote cross-border use of the Yuan currency
Following are the key takeaways from the People’s Bank of China’s (PBOC) annual macro-prudential work conference.
PBOC
CentralBanks
CROSS
PBOC says will step up analysis of macro economic and financial work
PBOC says will step up analysis of macro economic and financial work
The Chinese central bank comments after its annual macro prudential work conference
pboc
EUR/USD to consolidate around current levels – Danske Bank
EUR/USD to consolidate around current levels – Danske Bank
EUR/USD has remained rangebound this week, trading with a slight downward bias within the 1.04-1.05 range, as FX markets largely shrugged off Trump's latest tariff threats after he proposed 25% tariffs on autos, chips, and pharma imports , Danske Bank's FX analyst Mohamad Al-Saraf reports.
EURUSD
Technical Analysis
Banks
Silver price today: Silver rises, according to FXStreet data
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Thursday, according to FXStreet data.
Silver
Commodities
Metals
EUR: New theme alert – fiscal risk premium – ING
EUR: New theme alert – fiscal risk premium – ING
The euro is looking soft on the crosses and a new theme may be coming into play on the back of geopolitical developments.
EURUSD
Technical Analysis
Banks
Weekly update on interest rate expectations
Weekly update on interest rate expectations
What are the market expectations for interest rates for G8FX
market overview
GBP/USD: To trade in a sideways range of 1.2550/1.2615 – UOB Group
GBP/USD: To trade in a sideways range of 1.2550/1.2615 – UOB Group
Momentum indicators are turning flat; Pound Sterling (GBP) is expected to trade in a sideways range of 1.2550/1.2615 vs US Dollar (USD).
GBPUSD
Technical Analysis
Banks
US Dollar Index remains subdued around 107.00 as Treasury yields continue to fall
US Dollar Index remains subdued around 107.00 as Treasury yields continue to fall
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, depreciates after registering gains for the last two successive days amid falling Treasury yields.
DollarIndex
Macroeconomics
Fed
UnitedStates
Majors
EUR/USD: Likely to trade in a 1.0395/1.0455 range – UOB Group
EUR/USD: Likely to trade in a 1.0395/1.0455 range – UOB Group
Euro (EUR) is likely to trade in a 1.0395/1.0455 range vs US Dollar (USD).
EURUSD
Technical Analysis
Banks
China SMEI: Activity slows in February – Standard Chartered
China SMEI: Activity slows in February – Standard Chartered
Headline SMEI edged down 0.5pts to 50.4 in February as current performance sub-index fell below 50.
China
Technical Analysis
Banks
AUD/JPY trades below 96.00 due to rising odds of more BoJ rate hikes
AUD/JPY trades below 96.00 due to rising odds of more BoJ rate hikes
AUD/JPY loses ground for the second successive day, trading around 95.80 during the European hours on Thursday.
AUDJPY
Crosses
Macroeconomics
Japan
Australia
Pound Sterling gains further against US Dollar on higher US Initial Jobless Claims
Pound Sterling gains further against US Dollar on higher US Initial Jobless Claims
The Pound Sterling (GBP) moves higher slightly above 1.2600 against the US Dollar (USD) in Thursday’s North American session.
GBPUSD
Fed
BOE
Inflation
SEO
Crude oil price today: WTI price bearish, according to FXStreet data
Crude oil price today: WTI price bearish, according to FXStreet data
West Texas Intermediate (WTI) Oil price falls on Thursday, according to FXStreet data.
Oil
WTI
Commodities
USD/CAD Price Forecast: Tests nine-day EMA barrier after breaking above 1.4200
USD/CAD Price Forecast: Tests nine-day EMA barrier after breaking above 1.4200
The USD/CAD pair remains steady after registering gains for the last two successive days, trading near 1.4220 during early European hours on Thursday.
USDCAD
Technical Analysis
Majors
What are the main events for today?
What are the main events for today?
The US Jobless Claims figures are the only highlight
market overview
Forex Today: Gold hits new record-high, USD struggles to find direction
Forex Today: Gold hits new record-high, USD struggles to find direction
Here is what you need to know on Thursday, February 20: While major currency pairs are having a tough time making a decisive move in either direction, Gold extends its uptrend to a new record-high on Thursday.
Majors
Currencies
Macroeconomics
EconomicIndicator
Commodities
Eurostoxx futures +0.1% in early European trading
Eurostoxx futures +0.1% in early European trading
A balance to be struck ahead of the open later
Stocks
Germany January PPI -0.1% vs +0.6% m/m expected
Germany January PPI -0.1% vs +0.6% m/m expected
Latest data released by Destatis - 20 February 2025
Switzerland January trade balance CHF 6.12 billion vs CHF 3.49 billion prior
Switzerland January trade balance CHF 6.12 billion vs CHF 3.49 billion prior
Latest data released by the Federal Statistics Office - 20 February 2025
FX option expiries for Feb 20 NY cut
FX option expiries for Feb 20 NY cut
FX option expiries for Feb 20 NY cut at 10:00 Eastern Time via DTCC can be found below.
Currencies
Options
EUR/JPY extends decline below 157.00 on BoJ hike bets
EUR/JPY extends decline below 157.00 on BoJ hike bets
The EUR/JPY cross extends its downside to around 156.55 during the early European session on Thursday.
EURJPY
Crosses
Macroeconomics
BOE odds hardly changed after the UK CPI report yesterday
BOE odds hardly changed after the UK CPI report yesterday
Traders are still seeing roughly 50 bps of rate cuts by year-end
RBNZ’s Hawkesby: New Zealand’s economy is well-placed to respond to trade shocks
RBNZ’s Hawkesby: New Zealand’s economy is well-placed to respond to trade shocks
Reserve Bank of New Zealand (RBNZ) Deputy Governor Christian Hawkesby said in an interview on Thursday that “New Zealand is well-placed to respond to trade shocks.” Additional quotes Economy better balanced; inflation low.
RBNZ
CentralBanks
GDP
USD/JPY heavy ahead of European morning trade
USD/JPY heavy ahead of European morning trade
The pair is reaching close to a test of the 150.00 mark
USD/CHF weakens to 0.9025 area amid rising trade tensions, modest USD weakness
USD/CHF weakens to 0.9025 area amid rising trade tensions, modest USD weakness
The USD/CHF pair meets with some supply during the Asian session on Thursday and for now, seems to have snapped a three-day winning streak to the weekly top, around the 0.9055 area touched the previous day.
USDCHF
TradeWar
RiskAversion
Fed
Currencies
EUR/USD Price Forecast: First upside barrier emerges above 1.0450
EUR/USD Price Forecast: First upside barrier emerges above 1.0450
The EUR/USD pair recovers some lost ground to near 1.0425 during the early European trading hours on Thursday.
EURUSD
Majors
Technical Analysis
GBP/JPY Price Analysis: Falls toward 189.00 after breaking below nine-day EMA
GBP/JPY Price Analysis: Falls toward 189.00 after breaking below nine-day EMA
GBP/JPY extends its decline for the second consecutive day, trading around 189.30 during Asian hours on Thursday.
GBPJPY
Crosses
Technical Analysis
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