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
USD/JPY stabilizes near recent high amid Oil-driven inflation support USD/JPY trades around 159.45 on Thursday, virtually unchanged on the day but still close to recent highs after a series of three bullish... USD/JPY stabilizes near recent high amid Oil-driven inflation s
GBP/USD steadies near 1.3500 as Hormuz tensions curb upside today GBP/USD steadies at around 1.3500 as tensions in the Middle East rise with the US and Iran escalating the conflict as both began to seize ships or oil vessels near the Strait of Hormuz. GBP/USD steadies near
AUD/USD muted as strong US PMIs and firm labor data boost US Dollar The AUD/USD pair trades neutrally near the 0.7160 price zone on Thursday, as the US Dollar (USD) gathered some strength following a fresh batch of solid United States (US) economic... AUD/USD muted as stro
The world's most consumed currencies How many people actually spend currency on any given day tells a very different story from how much of it trades on foreign exchange desks. The world's most consumed currencies How many people actually spend currency on any given day te