ECB’s de Guindos: We do not have any estimates of the terminal rate

European Central Bank (ECB) Vice President Luis de Guindos said on Friday that “we do not have any estimates of the terminal rate.”

On Thursday, Guindos said that “the euro area is now facing a challenging outlook.”

Market reaction

At the press time, EUR/USD is on the defensive around 0.9980, keeping its range play intact below parity ahead of the US data.

Sep 16, 2022

Fed: Uncertainty about median rate levels to support the dollar for now – Commerzbank

The Fed rate decision next week will be the next major event for the FX market. In the opinion of economists at Commerzbank, uncertainty continues to

GBP/JPY declines towards 164.00 on weaker-than-expected UK Retail Sales

The GBP/JPY pair has sensed selling pressure around 164.40 after the release of downbeat UK Retail Sales data. The asset is declining towards the crit