ECB’s de Guindos: I don't know how much rates will climb

European Central Bank (ECB) Vice President Luis de Guindos said on Monday, “I don't know how much rates will climb.”

Additional comments

“Governments, not the ECB, should resolve rising state debt.”

“Any GDP contraction will be less than in the euro crisis.”

“The German economy is very adaptable to energy shocks.”

USD/CNH is now expected to trade within 6.9000-6.9700 range – UOB

According to FX Strategists at UOB Group Quek Ser Leang and Peter Chia, USD/CNH is now seen trading between 6.9000 and 6.9700 in the next few weeks. K
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GBP/USD climbs to 1.1700 mark, nearly two-week high amid sustained USD selling bias

The GBP/USD pair catches fresh bids near the 1.1600 mark on Monday and climbs to a near two-week high during the first half of the European session. T
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