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ECB’s Simkus: There will undoubtedly be a 50 bps increase in February

European Central Bank (ECB) policymaker Gediminas Simkus backs the case for a 50 basis points rate hike in February.

He said that “there will undoubtedly be a 50 bps increase in February.”

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USD Index could sink back to the 104.00/10 area this week – ING

US Dollar stays on the defensive amid a cautious start to the week. Economists at ING believe that DXY could dip back to the 104.00/10 zone. US data u
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NZD/USD sticks to modest intraday gains, just below 0.6400 amid softer USD

The NZD/USD pair gains traction for the second successive day and maintains its bid tone through the first half of the European session. The pair is c
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