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About: davin

Recent Posts by davin

ING’s Chris Turner says USD/JPY nears Japan’s intervention zone; coordination unlikely, yet action could trigger sharp falls

USD/JPY nears intervention zone; oil-driven shocks lift volatility. Coordinated US-Japan action unlikely, limiting sustained downside moves.

Commerzbank says Germany’s industry stays weak, as January orders fell sharply after earlier contract distortions

German industrial orders plunged 11.1% in January; excluding big contracts, demand flat, production down 0.5%.

Societe Generale’s Broux says energy and Dutch gas rises depress euro, leaving EUR/USD pressured amid growth worries

Rising energy prices and Dutch gas strength weigh on euro; EUR/USD pressured as growth risks mount.

During the European session, GBP/USD drops 0.5% near 1.3350, with further losses expected below 1.3250

Pound Sterling slid to 1.3350 as safe-haven Dollar demand rose amid escalating Middle East conflict tensions.

During London trading, US futures steady after Asia’s fall, while oil tensions keep sentiment fragile overall

US index futures rebounded in London; sentiment stayed weak amid Middle East tensions, higher oil, and key levels.

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