GBP/USD climbs as upcoming Pakistan talks boost risk mood

GBP/USD climbs as upcoming Pakistan talks boost risk mood

GBP/USD climbs on Friday as risk appetite improves ahead of the start of US-Iran talks in Pakistan. Meanwhile, US inflation rose as expected in March, but traders seem confident it’s a one-time jump as they remain optimistic about Middle East peace negotiations. At the time of writing, the pair trades at 1.3461, up 0.20%. Sterling […]

USD/JPY hovers below 160 amid intervention fears and Middle-East tensions

USD/JPY hovers below 160 amid intervention fears and Middle-East tensions

The Japanese Yen (JPY) trades under pressure against the US Dollar (USD) on Friday, with USD/JPY trimming most of its losses from earlier in the week as ongoing Oil supply disruptions linked to Middle East tensions keep a lid on the Yen’s recovery despite a softer Greenback. At the time of writing, the pair is […]

Policy slope hike and inflation focus – DBS

Policy slope hike and inflation focus – DBS

DBS Group Research expects the Monetary Authority of Singapore (MAS) to slightly increase the slope of the Singapore Dollar (SGD) Nominal Effective Exchange Rate (NEER) policy band at its 14 April meeting, reversing last year’s easing. The bank sees policy priority shifting toward imported inflation as Brent stays near USD100 and exports remain resilient. MAS […]