UOB Research discusses EUR/USD technical outlook and adopts a tactical bullish bias in the near-term against a break back below 1.0890.
Daily Market Updates
Credit Agricole Research flags a key risk event for GBP in the month of June.
Bank of America Global Research maintains a structural bearish bias on USD/JPY over the coming months.
NAB Research discusses EUR/USD outlook and maintains a neutral bias over the coming weeks.
A full V-shaped recovery is unlikely for the Swiss economy, Swiss National Bank Governing Board member Andrea Maechler told Swiss newspaper Neue Zuercher Zeitung, as the central bank focuses on currency interventions to keep the Swiss franc in check.
Citi discusses NZD outlook and looks to add short exposure via selling rallies in the near-term.
Gold futures edged higher Wednesday but remained mired near the $1,700 an ounce level as traders look for a driver to push the yellow metal one way or the other.
Bank of America Global Research maintains a structural bullish bias on CHF over the coming months.
Citi sees a scope for NZD to shoot higher after the RBNZ policy meeting this week.
Turkey's lira may be heading into a perfect storm as eroding central bank reserves, a mounting pile of foreign debt and political factors combine to exert pressure on the beleaguered currency, Reuters reported.