Pound Sterling wobbles amid US-Iran uncertainty, NFP data awaited The Pound Sterling (GBP) trades calmly against its major currency peers, flattening around 1.3600 against the US Dollar (USD), during the European trading session on...
SEK: Riksbank likely on hold with hawkish twist – Danske Bank Danske Research Team expects the the central bank of Sweden, Riksbank to keep its policy rate unchanged at 1.75% but adopt a more hawkish tone, acknowledging upside inflation...
US initial jobless claims expected at 205K The US job market is in focus with the release of initial jobless claims data. The numbers are expected to come in at 205K, up from 189K prior. The US jobs data has been strong, with signs of reacceleration. Initial claims
Japanese Yen holds steady on intervention fears The USD/JPY pair trades on a flat note near 156.40 during the early European session on Thursday. The Japanese Yen (JPY) remains in focus after rallying on Wednesday amid suspected speculation that officials are intervening i
Traders remain cautious as suspected Japanese official intervention supports the yen after Wednesday’s rally. The USD/JPY pair held steady around 156.40 in early European trading on Thursday, reflecting market caution over potential Japanese intervention. The yen’s recent
Asia FX: Regional gains on de-escalation hopes – MUFG MUFG’s Lloyd Chan notes that easing Middle East tensions have supported Asian currencies against the Dollar and highlights that further de-escalation could extend Asia FX...
Easing geopolitical tensions in the Middle East boost demand for Asian currencies, weakening the Dollar’s strength in the region. Asian currencies strengthened against the Dollar as Middle East tensions showed signs of easing. Investors shifted toward higher-yielding asset
NZD: Soft labour data caps RBNZ tightening – Commerzbank Commerzbank’s Volkmar Baur notes that the New Zealand Dollar (NZD) has underperformed the G10 since the war began, reflecting a dovish Reserve Bank of New Zealand (RBNZ) relative to the Reserve Bank of Australia...
Commerzbank’s Volkmar Baur notes that the New Zealand Dollar (NZD) has underperformed the G10 since the war began, reflecting a dovish Reserve Bank of New Zealand (RBNZ) relative to the Reserve Bank of Australia (RBA).
The currency pair remains range-bound at 1.1750 amid reduced volatility during European trading hours. The EUR/USD pair traded in a narrow range around 1.1750 early in the European session, reflecting a contraction in volatility. The lack of significant movement follows a