Commerzbank's Dr. Commerzbank's Dr. Jörg Krämer and Bernd Weidensteiner expect the European Central Bank (ECB) to leave rates unchanged next week but still project a June hike if the Strait of Hormuz remains blocked and inflation risks persist.
Gold (XAU/USD) edges higher on Friday, erasing earlier losses as the US Dollar (USD) eases modestly, with geopolitical headlines surrounding US-Iran tensions driving price action. Gold (XAU/USD) edges higher on Friday, erasing earlier losses as the US Dollar (USD) eases mo
GBP/USD: Retail data underpins modest upside – Scotiabank Scotiabank strategists Shaun Osborne and Eric Theoret note that stronger-than-expected United Kingdom (UK) Retail Sales, driven largely by fuel purchases, have supported the Pound (GBP), though broader UK data still point...</stron
The ECB signed deals with three standards bodies to reuse open payment standards for the digital euro and lower integration costs for banks and merchants. The ECB signed deals with three standards bodies to reuse open payment standards for the digital euro and lower integr
EUR/HUF: MNB holds rates as geopolitical risks persist – ING ING analysts Frantisek Taborsky and Zoltán Homolya expect central bank of the Hungary, Magyar Nemzeti Bank (MNB) to keep its base rate unchanged at 6.25% throughout... EUR/HUF: MNB holds rates as geopolitical ris
US Treasury Secretary Bessent: Dollar swap line talks with Gulf, Asian allies routine. US Treasury Secretary Bessent: Dollar swap line talks with Gulf, Asian allies routine. Expanded swap lines would reinforce dollar dominance and liquidity Permanent swap lines could creat
Prelim was 47.6 Prior was 53.3 Details: Conditions vs 50.1 prelim (55.8 in March) Expectations vs 46.1 prelim (51.7 in March) 1-year inflation vs 4.8% prelim (Prior was 3.8%) 5-year inflation vs 3.4% prelim (Prior was 3.2%) This article was written by Adam Button at... Pre
USD/JPY: Tight range as BoJ risk underpriced – BBH Brown Brothers Harriman’s (BBH) Elias Haddad notes USD/JPY is consolidating just below 160.00 after slightly hotter March Consumer Price Index (CPI) that leaves Bank of Japan (BoJ) expectations unchanged for... USD/JPY: Ti
Brown Brothers Harriman’s (BBH) Elias Haddad notes USD/JPY is consolidating just below 160.00 after slightly hotter March Consumer Price Index (CPI) that leaves Bank of Japan (BoJ) expectations unchanged for now. Brown Brothers Harriman’s (BBH) Elias Haddad notes USD/JPY i
Canada retail sales came in a bit softer on the surface, but the underlying details were more constructive. Canada retail sales came in a bit softer on the surface, but the underlying details were more constructive. Headline sales rose +0.7% vs +0.9% expected, but the prio