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11 Jan 2024

EUR/USD may stabilise around current levels unless US CPI surprises on the upside – ING

EUR/USD remains below the 1.10 figure. Economists at ING analyze the pair’s outlook.

Schnabel helps the Euro

European Central Bank member Isabel Schnabel delivered a hawkish counteroffensive on Wednesday after a slew of dovish comments from other ECB members.

The Euro traded on the strong side after Schnabel’s comments, probably since her December remarks had suggested she might have turned more dovish. Any impact on the Euro shouldn’t be very last longing, especially considering the polarising US CPI risk event today.

EUR/USD may stabilise around current levels unless US CPI surprises on the upside (not our base case), although the near-term view for the pair is for rangebound trading.

Jan 11, 2024

Silver Price Analysis: XAG/USD trades with modest gains near $23.00, bearish bias remains

Silver (XAG/USD) gains some positive traction on Thursday and for now, seems to have snapped a three-day losing streak to the weekly low, around the $22.80-$22.75 region touched the previous day.

NZD/USD consolidates near 0.6250 post intraday gains, US inflation awaited

NZD/USD advances to near 0.6250 during the European session on Thursday.