By FXStreet In an interview with Swiss magazine Bilanz on Thursday, Swiss National Bank (SNB) Chairman Thomas Jordan reiterated that Swiss franc still remains ‘overvalued’, while adding that
By FXStreet The risk-off worsened in Europe as banking shares extended the slide, taking the major indices at least 2.5% lower on the day. The blue chip pan-European
By FXStreet The GBP/USD pair has recovered from the low of 1.4396 to trade around 1.4440 even though the 10-yr US-UK bond yield spread continues to favor USD.
By FXStreet In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair’s medium term target remains at 1.3502. Key Quotes “GBP/USD we are viewing
By FXStreet Sean Callow, Strategist at Westpac, sees the pair trading in a consolidative range between 0.6950 and 0.7250 for the time being. Key Quotes “Local news flow
By FXStreet The flight to safety amid risk-off and falling Fed and BOE rate hike bets pushed the treasury yields lower. The UK Gilt yields dropped as well,
By FXStreet The Swedish krona is now rapidly depreciating vs. the shared currency, sending EUR/SEK to the upper end of the range near 9.6100. EUR/SEK stronger on Riksbank
By FXStreet The GBP/USD pair halted its 2-day rally and reverted to the red zone in the European session, as risk-aversion was rife amid renewed weakness in the
By FXStreet Karen Jones, Head of FICC Technical Analysis at Commerzbank, expects the pair’s decline to find support in the 112.00 area. Key Quotes “USD/JPY has again sold
