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We foresee further sideways trading for USD/CAD in the year ahead, bounded by 1.36-1.41, though it will be a bumpy ride, especially leading into the USMCA review.
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The ECB is looking at its international liquidity lines. Improvements may support international appeal of the euro at the margin, but is insufficient to boost EUR's role.
It was yet another strong quarter for KBC, who beat estimates on NII, total income and net income. The strong performance was driven by all major income lines.
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Every week, we publish a view using data from the Commitment of Traders report published by the US Commodity Futures Trading Commission.
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EUR/USD is currently trading close to its late December levels. This, however, belies the volatility in the currency pair in recent weeks.
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