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20 Jun 2023

EUR/USD: Euro’s upside potential might be limited for now – Commerzbank

The trade in EUR/USD was very quiet yesterday. Economists at Commerzbank analyze ECB policy outlook and its implications for the Euro.

ECB doves try to dampen expectations

It is hardly surprising that the hawks are advocating a rate hike in September reasonably clearly, whereas the doves are trying to dampen expectations.

The doves might increasingly make cautious comments at least if the economic data points more or less towards easing price pressure so that the Euro’s upside potential might be limited for now.

Jun 20, 2023

USD/IDR: Dovish BI stance will not be helpful for the Rupiah – TDS

Economists at TD Securities discuss IDR outlook ahead of the Bank of Indonesia Policy Decision. BI may extend its pause BI may extend its pause since
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Jun 20, 2023

US Dollar sees Monday’s gains under pressure

The US Dollar (USD) sees its gains from Monday against several Asian currencies coming under pressure a bit as markets digest the People’s Bank of Chi
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