Institutional
Dankse Bank, Institutional
Euro: Holds near 1.1670 against US Dollar as rate moves offset – Danske Bank
Danske Research Team reports that EUR/USD remained little changed around 1.1670, with the chart showing only a modest pullback from overnight highs before a partial recovery. Lower US yields and softer oil prices weighed on the Dollar, but declining European rates limited the Euro’s upside, leaving the pair without a clear directional signal. EUR/USD stays broadly stable […]
by Currency Hedger
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- 1 month ago
ING, Institutional
US Dollar: Bond market supports cautious consolidation – ING
ING’s Francesco Pesole notes the Dollar is drawing support from the US bond market as long-dated yields stabilise, while US-Canada trade tensions and Iran-related sanctions risks complicate the outlook. He argues renewed US-China trade frictions could hurt the Dollar, and sees downside risks dominating, although USD is expected to consolidate into the upcoming Jackson Hole […]
by Currency Hedger
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- 1 month ago
CommerzBank, Institutional
Gold: Tariff conflict fuels safe haven bid – Commerzbank
Commerzbank’s Carsten Fritsch reports that Gold has surged to a three‑month high near USD 4,700 per ounce as US–Canada tariff tensions escalate and concerns over US debt intensify. Silver and Platinum have also rallied. Strong ETF inflows, particularly in North America, suggest sustained investor interest, and the bank sees indications that Gold prices will continue to rise. […]
by Currency Hedger
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- 1 month ago
Institutional, MUFG
US Dollar: Fragmentation risks and reserve diversification – MUFG
Michael Wan at MUFG discusses US threats of economic punishment on countries dealing with Iran and new sanctions on over 60 entities. He argues that rising geoeconomic fragmentation encourages countries to diversify reserves, trade and financial links away from reliance on any single system, including the Dollar-based one. Wan also references ongoing US–Canada trade tensions […]
by Currency Hedger
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- 1 month ago
Institutional
Australian Dollar: RBA risks and carry support – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad notes the Australian Dollar (AUD) largely ignored the Reserve Bank of Australia’s (RBA) August Minutes, which reiterated Governor Michele Bullock’s warning that another rate hike is quite possible. Futures imply around 60% odds of a final 25 bps hike to 4.60% by year-end. Haddad sees risks skewed toward an […]
by Currency Hedger
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- 1 month ago
Institutional, Rabobank
British Pound: Range trading outlook against Euro – Rabobank
Rabobank’s Senior FX Strategist Jane Foley discusses the British Pound’s (GBP) recent performance, noting it is currently the top G10 currency on a 1‑day view but only middling over longer horizons. Foley expects EUR/GBP to trade in a range over the coming weeks, with a mild upside bias later in the year as fiscal realism […]
by Currency Hedger
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- 1 month ago
ING, Institutional
Canadian Dollar: Trade conflict keeps downside risks alive against US Dollar – ING
ING’s Francesco Pesole highlights escalating US-Canada trade tensions, with new US tariffs on Canadian autos and parts announced for early next year. He notes both sides remain entrenched in conflict territory and argues the recent rebound in USD/CAD has room to extend beyond 1.390, as trade risks and broader Dollar dynamics continue to influence the […]
by Currency Hedger
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- 1 month ago
Institutional, UOB
Japanese Yen: Range trade within 157.90 and 159.80 against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann describe USD/JPY as locked in a range-trading phase, with a slightly firmer tone keeping the pair in a higher intraday band of 158.80–159.45. Their 1–3 week view is now neutral after earlier downside bias faded, and they expect the pair to oscillate between 157.90 […]
by Currency Hedger
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- 1 month ago
Institutional
Euro: Rally vulnerable to reversal against US Dollar – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret highlight that the Euro (EUR) is softer against the Dollar (USD) after an almost 3% rally from late July, with price action turning defensive. German IFO data and rising political risks, including widening Bund–BTP spreads and French budget talks, are in focus. Technically, EUR/USD remains bullish, with resistance above 1.1700 […]
by Currency Hedger
- 0 Comments
- 1 month ago
DBS, Institutional
Federal Reserve: Warsh faces a communication test – DBS
DBS Bank strategist Philip Wee argues that Fed Chairman Kevin Warsh’s rejection of forward guidance is amplifying market volatility and complicating the policy mix with the Treasury. He warns that without a clear framework, reduced guidance could be seen less as a return to market price discovery and more as a source of uncertainty for […]
by Currency Hedger
- 0 Comments
- 1 month ago