EUR/USD forecast: eyes on ZEW – Commerzbank and UOB

EUR/USD has surrender further gains on Monday in response to the pick up in the risk-on trade and dovish comments by ECB’s M.Draghi. The decline, however, seems to have found decent support in the 1.1120 area...
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Follow the EU leaders’ summit for GBP cues - BNPP

Research Team at BNP Paribas, suggests that January’s UK inflation numbers are out this morning and our economists are forecasting a 0.1pp uptick in headline to 0.3% y/y.
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