Forex Consulting

Saxony Nov CPI mm 0.3% vs 0.0% prev

Saxony Nov CPI now out 29 Nov – yy 2.0% vs 1.8% prev First of the German regionals now out ahead of the German number at 13.00 GMT EURUSD nudging higher at 1.1870 EURGBP 0.8842 lower though as cable climbs further still to post 1.3431 Copyright 2015 Forexlive.com

Forex Consulting

Switzerland October UBS consumption index 1.54% vs 1.56% prior

Index still slowly recovering after a dip from Dec 2016 Prior number was adjusted to 1.51%. So, this would make this the highest reading for the year so far. The index is calculated via six consumer-related parameters, being new new car registrations, business activity in the retail sector, number of domestic overnight hotel stays by residents…

Forex Consulting

LGT Bank: Time to move away from emerging Asian currencies

Story from Bloomberg with Roy Teo, currency strategist from LGT Bank in Singapore Emerging Asian currencies have done very well this year. Against the greenback, majority of them have seen gains that not many would have expected at the start of the year given that the Fed is marching forward with its tightening cycle. Copyright…