Commerzbank’s Volkmar Baur explains that softer underlying inflation in Australia has reduced market confidence in another Reserve Bank of Australia (RBA) rate hike next week, after two consecutive moves in February and March. Commerzbank’s Volkmar Baur explains that softe
EUR/USD holds steady ahead of Fed meeting, focus on Middle East outlook EUR/USD is slightly lower on Wednesday, trading with minimal movement around 1.1708. EUR/USD holds steady ahead of Fed meeting, focus on Middle East outlook EUR/USD is slightly lower on Wednesday, trad
FX daily: Powell’s last act might carry a hawkish tint The dollar is looking a bit healthier into today’s FOMC announcement, largely aided by some jitters in US equities. FX daily: Powell’s last act might carry a hawkish tint The dollar is looking a bit healthier into toda
BoC: Fiscal update keeps rate path steady – TD Securities TD Securities strategists Andrew Kelvin, Robert Both and Emma Lawrence note that Canada’s Spring Economic Update leaves the FY26-27 deficit projection near Budget 2025 levels as stronger revenues fund CAD 37.5bn of new...<
FUNDAMENTAL OVERVIEW USD: The US dollar regained some ground to start the week as the prolonged US-Iran stalemate has taken oil prices back into triple digit levels. FUNDAMENTAL OVERVIEW USD: The US dollar regained some ground to start the week as the prolonged US-Iran sta
The European Central Bank and Bank of England are expected to hold their nerve and stand pat on rates this month. The European Central Bank and Bank of England are expected to hold their nerve and stand pat on rates this month.
BNY’s Geoff Yu argues that US Dollar (USD) strength reflects a positive terms-of-trade shock and strong trade-weighted holdings, with limited downside rebalancing pressure. BNY’s Geoff Yu argues that US Dollar (USD) strength reflects a positive terms-of-trade shock and str
USD/INR: Oil-linked pressure and RBI oversight – Commerzbank Commerzbank analysts highlight that USD/INR rose 0.4% to 94.55, nearing its late-March all-time high, after the Reserve Bank of India (RBI) eased some curbs on Non-Deliverable Forward (NDF)... USD/INR: Oil-linked
Commerzbank analysts highlight that USD/INR rose 0.4% to 94.55, nearing its late-March all-time high, after the Reserve Bank of India (RBI) eased some curbs on Non-Deliverable Forward (NDF) offerings. Commerzbank analysts highlight that USD/INR rose 0.4% to 94.55, nearing
AUD/USD Elliott Wave: Hopping to the pattern’s end Aussie is rallying in the final stages of its impulse pattern that began April 2025. AUD/USD Elliott Wave: Hopping to the pattern’s end Aussie is rallying in the final stages of its impulse pattern that began April 2025. S