ING: EUR/USD to consolidate within a 1.1700-1.1830 range this week

By definition, black swan events are unexpected and extremely difficult to predict. It’s possible that we could see huge gaps, wild swings, and increased volatility during big events… or we could see no movement at all. Remember the time when the Swiss National Bank (SNB) surprised the markets with the decision to stop defending EUR/CHF’s…

UK GDP stagnated in July 2025 (0.0% m/m), confirming an economic slowdown – however, on an annual basis the economy was 1.4% larger than a year earlier. Services and construction supported growth, while manufacturing weighed on the economy – with sharp declines in metal products, transport equipment, and computers & electronics. GBPUSD is at a…

What Does it Mean for Trading When Two Currencies Move in Opposite Directions   There was a time when bank traders were free with disclosing real money flow information.  Those were the days as we used bank traders used to post on our private global-view forum. Those days are long gone. Nowadays, even if bank…

The macro connection between WTI crude oil and Gold is stagflation risk. Higher oil prices via supply side shock (closure of the Strait of Hormuz leads to a lesser oil supply globally, in turn, also creating a second-order effect of lower aggregate demand as input costs of finalized goods and services get more expensive). Hence,…

European stock markets were set for a third straight week of gains on Friday, following the positive performance of Wall Street. Investors were encouraged by the US Federal Reserve’s recent interest rate cut and continued to believe more cuts would follow in 2026. The main pan-European STOXX 600 index rose by 0.4%, moving close to…