Wednesday , 8 January 2025
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Forex

EUR/USD forecast – break below 1.05 more likely than a sustained move above 1.10

Deutsche Bank with a EUR/USD forecast:We maintain our view that the EUR/USD range will look similar to last year's with a break below...

Forex

PBOC is expected to set the USD/CNY reference rate at 7.2436 – Reuters estimate

People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for...

Forex

European Central Bank to cut 25bp today, and plenty more in the months ahead – preview

ABN AMRO analysts on the European Central Bank meeting today, are with the broad consensus expecting a 25bp rate cut.But express caution on...

Forex

EUR/USD holds positive ground above 1.0850 ahead of ECB rate decision

The EUR/USD pair gains ground around 1.0875 despite the recovery of the US Dollar (USD) during the early Asian session on Thursday.

Forex

Ireland Purchasing Manager Index Services climbed from previous 53.3 to 55 in May

Ireland Purchasing Manager Index Services climbed from previous 53.3 to 55 in May

Forex

Japan Foreign Investment in Japan Stocks up to ¥282B in May 31 from previous ¥82.4B

Japan Foreign Investment in Japan Stocks up to ¥282B in May 31 from previous ¥82.4B

Forex

US Federal Reserve’s Federal Open Market Committee (FOMC) meet next week – preview

Morgan Stanley preview the Federal Open Market Committee (FOMC) meeting June 11 and 12. MS are expecting the September meeting to kick off...

Forex

Bank of Canada rate cut – will cut again in July and 100bp in total for 2024

On Wednesday the BoC began its interest rate cut cycle, the BOC's first cut in four years:Bank of Canada lowers rates to 4.75%...

Forex

GBP/USD resumes upside near 1.2800 on mixed US data, Fed rate cut expectation

The GBP/USD pair resumes upside near 1.2790 despite the rebound of US Dollar (USD).

Health

Why is it so hard to estimate the value of orphan drugs indicated for the treatment of rare diseases? There are a variety...