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: 2025.08.27
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GBP: Still good short-term outlook - ING
Breaking news
GBP: Still good short-term outlook - ING
New
2025.08.27 18:28
2025.08.27 18:28
2025.08.27 18:28
Another indication that French politics is having a limited FX impact is EUR/GBP, which has faced only limited downside pressure since the start of the week, ING's FX analyst Francesco Pesole notes.
A structural break above 1.35 is a matter of when
"That said, the balance of risks remains more tilted to the downside for the pair, with the hawkish repricing in Bank of England rate expectations still underpinning decent GBP short-term momentum."
"A test of 0.860 remains possible, even though our longer-term view is less optimistic on GBP given the possibility of a dovish rethink of BoE cuts later in the autumn. In GBP/USD, we still think a structural break above 1.35 is a matter of when rather than if."
Last updated
: 2025.08.27
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EUR/USD slips below 1.1600 as Greenback holds firm despite Trump-Fed tensions
The Euro (EUR) came under renewed pressure against the US Dollar (USD) on Wednesday as a stronger Greenback, soft German Consumer Confidence data, and escalating political tensions in France weighed on the single currency, with EUR/USD slipping below the key 1.1600 psychological mark.
New
2025.08.27 23:23EUR/JPY rangebound as focus turns to Eurozone sentiment and Japan CPI
The Euro (EUR) recovers some lost ground against the Japanese Yen (JPY) on Wednesday, with EUR/JPY trading near 171.76 at the time of writing. The cross had slipped to a one-week low earlier in the day after disappointing German Consumer Confidence data briefly pressured the single currency.
New
2025.08.27 22:07Fed's Williams: Economy is going through an adjustment process
In an interview with CNBC on Wednesday, Federal Reserve Bank of New York President John Williams said that he expects the Gross Domestic Product growth will continue to slow, per Reuters.
New
2025.08.27 21:49Gold slips from two-week peak as US Dollar firms, Fed turmoil in focus
Gold (XAU/USD) is trading on the back foot on Wednesday as the US Dollar (USD) regains strength and edges higher, despite political turmoil surrounding US President Donald Trump's attempt to oust Federal Reserve (Fed) Governor Lisa Cook.
New
2025.08.27 21:23USD/CNH: Unlikely to threaten the major support at 7.1435 - UOB Group
US Dollar (USD) could edge lower but is unlikely to threaten the major support at 7.1435. In the longer run, rapidly increasing downward momentum indicates USD could drop below 7.1435; it is unclear now if 7.1290 is within reach, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.08.27 20:54EUR is underperforming on broadening political uncertainty - Scotiabank
The Euro (EUR) is weak, down 0.5% against the US Dollar (USD) and underperforming the G10 currencies as we head into Wednesday's NA session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.
New
2025.08.27 20:48WTI Price Forecast: 50-EMA acts as major barrier
West Texas Intermediate (WTI), futures on NYMEX, trade cautiously near Tuesday's low of $63.00 during the European trading session on Wednesday. The Oil price struggles to gain ground ahead of the United States (US) Oil inventories data for the week ending August 22.
New
2025.08.27 20:47USD/JPY: Likely to trade in a range between 146.40 and 148.40 - UOB Group
US Dollar (USD) is expected to trade in a range between 147.00 and 148.00. In the longer run, outlook is mixed; USD could trade in a range between 146.40 and 148.40, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.08.27 20:46CAD outperforming on crosses as spreads offer support - Scotiabank
The Canadian Dollar (CAD) is down a marginal 0.1% against the US Dollar (USD) and outperforming on the crosses, extending its tight post-Jackson Hole range as it maintains its recent gains, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.
New
2025.08.27 20:42NZD/USD Likely to trade between 0.5820 and 0.5920 - UOB Group
The price action provides no fresh clues; New Zealand Dollar (NZD) is expected to range-trade between 0.5835 and 0.5875.
New
2025.08.27 20:39Disclaimer:
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