GBP/JPY advance stalls around 215.70, then retreats to 215.00 as risk appetite deteriorates amid Middle East headlines, leaving traders uncertain about the conflict's outcome. GBP/JPY advance stalls around 215.70, then retreats to 215.00 as risk appetite deteriorates amid
UOB economists Julia Goh and Loke Siew Ting highlight that the Bangko Sentral ng Pilipinas (BSP) has started a new tightening cycle, lifting the Target Reverse Repurchase (RRP) rate to 4.50% and signalling further hikes. UOB economists Julia Goh and Loke Siew Ting highligh
Forex Today: Greenback steadies near two-week highs amid strong US data and Middle East tensions The US Dollar Index (DXY) rose on Thursday and remains on a winning streak near the 98.70 area, supported by stronger-than-expected US data and persistent geopolitical uncertainty,...
Asia FX: War Powers deadline drives cautious consolidation – DBS DBS Group Research’s Philip Wee highlights that currency markets are consolidating as the April 28 War Powers Resolution deadline approaches, with USD/CNY flattening after an earlier relief... Asia FX: War Po
DBS Group Research’s Philip Wee highlights that currency markets are consolidating as the April 28 War Powers Resolution deadline approaches, with USD/CNY flattening after an earlier relief rally. DBS Group Research’s Philip Wee highlights that currency markets are consoli
We have said very clearly that, given the situation in the Middle East, we are ready to intervene We have a greater willingness to intervene We have observed since the start of the conflict that the franc has lost value There is no market reaction to this headline, as the Swiss...</strong
Brazil: Gradual easing path intact – Standard Chartered Standard Chartered’s Dan Pan expects Banco Central do Brasil (BCB) to continue its cautious easing cycle, projecting a 25bps cut at the 29 April meeting as inflation risks remain... Brazil: Gradual easing path intact
LatAm FX: Positioning risks after strong gains – BNY BNY’s Geoff Yu notes that Latin American (LatAm) currencies have been the standout Emerging Markets (EM) FX performers, with holdings remaining strong throughout the conflict and supported by attractive nominal and real...
BNY’s Geoff Yu notes that Latin American (LatAm) currencies have been the standout Emerging Markets (EM) FX performers, with holdings remaining strong throughout the conflict and supported by attractive nominal and real rates. BNY’s Geoff Yu notes that Latin American (LatA
USD/CHF Price Forecast: Rallies capped below 100- and 200-day SMAs USD/CHF trades flat on Thursday, with choppy price action and two-way swings as traders refrain from aggressive directional bets amid cautious market sentiment driven by ongoing US-Iran tensions. USD/CHF Pr