EUR/USD gains as Trump’s Iran deadline approaches

EUR/USD gains as Trump’s Iran deadline approaches

The Euro (EUR) rises against the US Dollar (USD) on Tuesday, as the Greenback softens amid cautious market sentiment ahead of a deadline set by US President Donald Trump for Iran to reach a deal or open the Strait of Hormuz. At the time of writing, EUR/USD is trading around 1.1571, extending gains for the […]

Softer inflation may delay Riksbank hikes – TD Securities

Softer inflation may delay Riksbank hikes – TD Securities

TD Securities analysts note Swedish CPIF and CPIF ex-Energy inflation for March surprised sharply to the downside, driven mainly by weaker Food and Recreation, Sport & Culture prices, partly offset by petrol. They highlight that the central bank of Sweden, Riksbank had recently leaned hawkish, but argue that unless this weak inflation is quickly reversed, […]