USD/JPY trades around 159.50 on Friday at the time of writing, down 0.14% on the day and ending a sequence of four consecutive days of gains. USD/JPY trades around 159.50 on Friday at the time of writing, down 0.14% on the day and ending a sequence of four consecutive days
NOK: Re‑rating seen largely complete after strong run – BNY BNY’s Bob Savage highlights that earlier supportive flows into the Norwegian Krone from energy prices and hawkish Norges Bank policy are now fading. NOK: Re‑rating seen largely complete after strong run – BNY BNY’
BNY’s Bob Savage highlights that earlier supportive flows into the Norwegian Krone from energy prices and hawkish Norges Bank policy are now fading. BNY’s Bob Savage highlights that earlier supportive flows into the Norwegian Krone from energy prices and hawkish Norges Ban
Societe Generale analysts highlight that stronger‑than‑forecast United Kingdom (UK) inflation and PMIs (Purchasing Managers' Index) raise the question of a potential hawkish dissent at next week’s Bank of England (BoE) meeting, even though the house view is for a unanimous hold.<
The USD is lower to kickstart Friday's trading. The USD is lower to kickstart Friday's trading. Iran will send a delegation to Pakistan this weekend which is helping to give the stock market a lift. Intel shares are sharply higher after beating earnings expectations
EUR/USD: Range-bound as Eurozone outlook weakens – BBH Brown Brothers Harriman’s (BBH) Elias Haddad highlights that EUR/USD is hovering near its 200-day moving average as Eurozone data signal stalling growth and rising inflation... EUR/USD: Range-bound as Eurozone outlook
EUR/USD shrugs off the risk-off mood and weak data, pops up above 1.1700 The Euro (EUR) is trimming some losses against the US Dollar (USD) on Friday, despite the risk-averse mood, amid the growing uncertainty in the Middle... EUR/USD shrugs off the risk-off mood and weak
GBP: Retail surprise tempers Pound outlook – TD Securities TD Securities analysts note United Kingdom (UK) Retail Sales for March surprised to the upside at 0.7% month-on-month versus their 0.1% forecast and a flat market consensus. GBP: Retail surprise tempers Pound outlo
TD Securities analysts note United Kingdom (UK) Retail Sales for March surprised to the upside at 0.7% month-on-month versus their 0.1% forecast and a flat market consensus. TD Securities analysts note United Kingdom (UK) Retail Sales for March surprised to the upside at 0
USD/JPY: BoJ stance risks renewed Yen slide – MUFG MUFG’s Derek Halpenny highlights that USD/JPY is grinding higher toward the 160 level as geopolitical tensions and a prolonged Strait of Hormuz blockade fuel inflation... USD/JPY: BoJ stance risks renewed Yen slide – MUFG