Fed: Better safe than sorry – Commerzbank

FXStreet (Córdoba) - In its statement on Wednesday, the Fed kept the door open to an interest rate rise in March, according to Esther Reichelt, analyst at Commerzbank, the USD is therefore becoming increasingly sensitive to the economic data. “A good labour market report next Friday should support the...

Mixed Norwegian data keeps EUR/NOK elevated – UBS

FXStreet (Córdoba) - Friday's multiple data releases from Norway failed to strengthen the NOK, which is still relying on market risk sentiment and oil prices for now. According to UBS analyst team, the data indicates that the Norwegian recovery story may take a bit longer than previously assumed. “We...

Gold posts 5% monthly gain

FXStreet (Córdoba) - Gold prices ended Friday higher despite a stronger dollar, with the yellow metal posting a monthly gain in January helped by its safe-haven condition.

A strong risk-averse environment during the first weeks of the year, amid turmoil in Chinese markets, increased the appeal for safety and underpinned...