Institutional
Institutional, UOB
Euro: Downtrend targets 1.1095 support against US Dollar – UOB
UOB’s Quek Ser Leang and Lee Sue Ann note EUR/USD’s downside bias has intensified after the pair broke below 1.1135 faster than expected, reaching 1.1121. Intraday, they see strong but stretched downside momentum, limiting a clear break under 1.1095, with support at 1.1110 and resistance at 1.1145/1.1160. Over 1–3 weeks, they still look for a […]
by Currency Hedger
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- 3 weeks ago
HSBC, Institutional
British Pound: Range-bound ahead of UK Budget against US Dollar – HSBC
HSBC’s FX Viewpoint notes recent Pound resilience, with GBP outperforming most G10 currencies over the past month. The bank expects GBP/USD to trade sideways near term, as domestic downside risks take time to materialise and Bank of England hikes are largely priced in, while flagging the 28 October UK Budget as a key event risk. […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
Institutional, TDS
Brazilian Real: Volatility around 5.60 against US Dollar – TD Securities
TD Securities strategists see USD/BRL driven by Brazilian politics and fiscal concerns after Lula’s surprise election win. They expect elevated two-sided volatility around 5.60 in the near term, referencing the 2014 post-election rally and arguing that political uncertainty and fiscal policy worries must ease before the Brazilian Real can stage a sustained recovery. Election shock […]
by Currency Hedger
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- 3 weeks ago
Institutional, UOB
Japanese Yen: Fading momentum clouds gains against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann report that USD/JPY rebounded sharply to 157.64 instead of consolidating, with the move seen as overdone and likely to lead to intraday range-trading between 156.90 and 157.80. On a 1–3 week view, the earlier strong downside momentum is slowing, and a break above 157.80 […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
ING, Institutional
CEE FX: Downside risks dominate – ING
ING strategist Frantisek Taborsky notes Central and Eastern European (CEE) rates are reconnecting with higher energy prices after a period of weaker correlation. Despite stronger regional Gross Domestic Product (GDP) than the Eurozone, he argues inflation remains the key issue. With upcoming data from Poland, the Czech Republic and Hungary, he sees CEE currencies facing […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
CommerzBank, Institutional
Polish Zloty: Political uncertainty weighs on PLN against Euro – Commerzbank
Commerzbank’s Tatha Ghose notes that institutional tensions around Poland’s National Bank are escalating, with board composition and legal questions creating a grey zone just as inflation risks rise. EUR/PLN has broken above 4.40 and the Zloty continues to underperform other CEE currencies, with Poland-specific uncertainty seen as dominant and no clear near-term catalyst for reversal. […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
Dankse Bank, Institutional
Equities: AI optimism lifts global stocks and chipmakers – Danske Bank
Danske Bank strategists highlight a stronger tone in global equities, driven by renewed optimism around artificial intelligence following Anthropic’s Nasdaq IPO filing. US stocks advanced, with the S&P 500 gaining 0.7% and the Nasdaq rising 0.8%. Asian technology and semiconductor shares followed Wall Street higher, providing a lift to regional markets after recent weakness in […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
Dankse Bank, Institutional
British Pound: Stronger PMIs lean hawkish for BoE – Danske Bank
Danske Research Team notes UK flash PMIs strengthened in October, with the composite rising to 53.1 and new orders growing at the fastest pace in over two years. Employment returned to growth, but input cost inflation hit its highest level since June. The bank judges the release leans hawkish for the BoE ahead its November […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
Institutional
Japanese Yen: BoJ outlook supports December hike odds – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad expects the Bank of Japan (BoJ) to keep its policy rate at 1.25% while assessing September’s hike before tightening again. Firmer underlying inflation could lead to a more hawkish Outlook Report, with swaps pricing a high probability of a December move to 1.50%. This shift in expectations is seen […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
Institutional, UOB
Swiss Franc: Range trading outlook against US Dollar – UOB
United Overseas Bank analysts Quek Ser Leang and Lee Sue Ann note that USD/CHF has shifted from a prior negative bias into a range-trading phase. They see the Dollar’s rapid rebound losing momentum below key resistance, with intraday support levels defining near-term risks. Over the 1–3 week horizon, they expect consolidation between 0.8200 and 0.8290. […]
by Currency Hedger
- 0 Comments
- 3 weeks ago