Aud/usd: Volatile Swings Contained in Lower Range – UOB
UOB economists Quek Ser Leang and Lee Sue Ann report that AUD/USD surged to 0.7220 before reversing sharply and opening lower, with the latest drop seen as excessive but not yet complete.
Category forex
CEE FX: Limited Impact from Energy Shock So Far – Commerzbank
Commerzbank’s Tatha Ghose assesses the latest inflation data for Poland, Czech Republic and Hungary following the recent energy price spike. He notes that while headline inflation accelerated as expected, core measures show only mild, statistically noisy upticks.
Iran’s Baghaei: No Plans for Another Round of Talks with US Yet
Iran's foreign ministry spokesperson Esmail Baghaei said during the European trading session on Monday that there is “no plan for a second round of negotiations with the United States (US) for now.
Forex Today: Cautious Start to Week as Middle East Tensions Re-escalate
Here is what you need to know on Monday, April 20:
Gbp/usd Price Forecast: Retakes 1.3500 as Fed Repricing Hits USD Despite Mideast Tensions
The GBP/USD pair builds on its modest intraday recovery from a one-week low and climbs back above the 1.3500 psychological mark during the early European session on Monday.
European Airline Shares Slide as Oil Soars on Iran Tensions
Source: Investing.com News
Gbp/jpy Rises to Near 214.60 as Yen Underperforms at the Start of the Week
The GBP/JPY pair trades higher to near 214.60 during the European trading session on Monday. The pair gains as the Japanese Yen (JPY) underperforms its peers amid uncertainty surrounding the Bank of Japan’s (BoJ) interest rate decision, which will be announced on April 28.
DXY: New Range Forms as Conflict Risk Lingers – ING
ING’s Chris Turner notes the US Dollar (USD) briefly weakened after news that the Strait of Hormuz was fully open, implying US Dollar Index (DXY) around 97.50/98.00 and EUR/USD just over 1.18 if the crisis were resolved.
European Stocks Slip Amid Reignited U.s.-iran Tensions
Source: Investing.com News
European Shares Set to Open Lower as Hopes for Us-iran Peace Fade
European shares set to open lower as hopes for US-Iran peace fade Reuters