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Euro (EUR) is weak, down 0.4% against the US Dollar (USD) and a mid-performer among the G10. Trade-related headlines continue to dominate and data releases have been limited, Scotiabank's Chief FX Strategist Shaun Osborne notes. ECB comments remain dovish "ECB Governing Council member Holzmann has a

EURUSD consolidates around 1.1500 after jumping to 3½-year high. Overbought conditions may limit further gains. EURUSD broke another technical barrier on Monday, surging above the 1.1500 handle to hit a three-and-a-half-year peak of 1.1572 amid the ongoing selloff in the US currency. The dollar came

On the radar Gross wage growth for February in Hungary was reported at 9.3% y/y. On Friday and Monday, many CEE markets will be closed due to public holidays. The next CEE Daily will be issued on Tuesday, April 22nd. Economic developments Today, we look at the development of oil prices in the intern

Federal Reserve (Fed) Board of Governors member Michelle Bowman noted on Thursday that although US growth figures remain healthy overall and inflation up to this point remains under control, key difficulties still remain ahead. Key highlights US economy is strong. Growth is solid, but slowing. Infla

On the radar The unemployment rate in Czechia eased to 4.3% in March. Trade balance in February was published at -41 million Slovakia and -2.8 billion in Romania. At 11 AM CET, Croatia will release tourism arrivals in February and January’s trade balance. Hungarian central bank is scheduled to publi

Trend Watch: Forex US Stock Futures Tumble as S&P 500 Dips Below 5,000 Amid Escalating Trade War U.S. stock index futures fell sharply on Tuesday night following a steep sell-off on Wall Street, with the S&P 500 closing below the key 5,000 level for the first time in nearly a year. The decli

AUD could continue to trade in a choppy manner, likely between 0.6220 and 0.6320. In the longer run, sharp but short-lived swings have resulted in a mixed outlook; AUD could trade in a 0.6185/0.6340 range for now, UOB Group's FX analysts Quek Ser Leang and Peter Chia note. Sharp but short-lived swin

EUR/USD continued to churn near the 1.0800 level on Tuesday. Markets are bracing for tariff announcements from the Trump administration on Wednesday. Economic data takes a back seat to Trump tariff stress, but NFP still looms ahead. EUR/USD stuck to familiar levels on Tuesday, churning chart paper c

USD/CNH is drifting lower. China economic activity edged up in March, BBH's FX analysts report. Outlook set to remain unimpressive "The composite PMI increased to a three-month high at 51.4 vs. 51.1 in February driven by a pick-up in manufacturing and non-manufacturing growth momentum. The manufactu

General trend - Japanese automakers down heavily for a second day on US tariff fears, -4% for Toyota and Honda again, with the Nikkei down >2% to a 2-week low as the Kospi also hit a two-week low, -1.8%. Hang Seng Tech index has fallen steeply in recent days, -10% from its March highs, into corre

Hello everyone! In today’s article, we’ll examine the recent performance of Advanced Micro Devices Inc. ($AMD) through the lens of Elliott Wave Theory. We’ll review how the decline from the March 08, 2024, high unfolded as a 7-swing correction and discuss our forecast for the nex