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Category Archives: FX Street

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World trade falls, but not a trade war effect – ING

Analysts at ING noted that a fall in world trade volumes in February following strong growth in January is not the effect of recent tensions in international trade. Key Quotes: “World trade volumes fell 0.4% in February, according to data published today by the CPB

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NZD/USD keeps melting as US yields push higher

NZD/USD bears offer no respite as the downtrend keeps extending towards the 0.7000 handle. Friday is the most important day of the week for the USD with the PCE and GDP data.  The surging US 10-year note yield remains the main driver behind the US dollar

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EUR/GBP sub-0.8740 waiting for EU and UK key data

The EUR/GBP is slowly drifting down but the range remains very narrow suggesting that investors are waiting for more information.  Next key event in line is the ECB rate decision on Thursday which is widely expected to leave rates on hold.   The EUR/GBP is

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GBP/USD: Brexit holds complex issues still – Scotiabank

Analysts at Scotiabank explained that there were no data reports from the UK today and the GBP’s performance has largely reflected the generally stronger USD tone.  Key Quotes: “The UK government said that the problem of the UK’s border arrangement with Ireland may not be