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Philippine central bank keeps interest rate unchanged at 2 pct

Bank of Thailand keeps key policy rate on hold at 0.50 pct

Swiss franc likely to gradually depreciate against euro in coming months

Gold prices ease as vaccine hopes offset worries about second coronavirus wave

Bank Indonesia lowers interest rate by 25 bps to 3.75 pct, unlikely to cut further

Gold recovers from previous day slide on stimulus hopes

U.S. vehicle sales fall again in November

Bank Indonesia keeps key interest rate on hold at 3.75 pct

Philippine central bank cuts key policy rate by 25 bps, likely to further cut rates in 2021

Reserve Bank of India likely to stand pat in December

Bank of Korea likely to keep key interest rate on hold at 0.50 pct in November

Gold at multi-week peaks as dollar slumps after Biden clinches U.S. presidency

Taiwanese money supply continues to see strong growth, CBC likely to keep rates on hold in December

German Ifo business climate index falls sharply in November, economic growth likely to shrink in Q3

Malaysian economic growth rebounds in Q3 2020 on household consumption, exports

Australian economic growth recovers strongly in Q3 2020

Malaysian headline inflation falls further in October, likely to remain negative in 2020

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Expect a broadly stronger USD over the coming 3-6 months: Danske Bank

Tuesday, February 24, 2015 6:45 PM UTC

Quotes from Danske Bank:

- Yellen's testimony and our view that the Fed will begin lift-off in June supports our call of a broadly stronger USD over the coming 3-6 months.

- In our view, the USD should strengthen as long as we are waiting for the first rate hike, particularly versus currencies which are backed by ultra-loose monetary policy, such as EUR, JPY, CHF and SEK.

- We forecast EUR/USD at 1.12 in 1M, 1.11 in 3M and 1.10 in 6M, with USD/JPY expected to shoot higher to 120 in 1M, 124 in 3M and 125 in 6M

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Expect a broadly stronger USD over the coming 3-6 months: Danske Bank

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