GBP/USD reclaims 1.3500 for the first time since late February

GBP/USD reclaims 1.3500 for the first time since late February

GBP/USD opened the new week on the soft side, dipping to a session low near 1.3380, but staged a strong recovery through Monday’s session to close around 1.3510, up 0.35% on the day. The move pushed the pair to its highest level since late February, decisively reclaiming the 1.3500 handle for the first time since […]

MAS tightening and key levels – OCBC

MAS tightening and key levels – OCBC

OCBC strategists Sim Moh Siong and Christopher Wong expect the Monetary Authority of Singapore (MAS) to tighten policy on 14 April 2026 by increasing the Singapore Dollar (SGD) Nominal Effective Exchange Rate (S$NEER) slope to counter imported inflation. With expectations skewed to tightening, they see scope for modest USD/SGD downside on a hawkish tone, but […]

Spending resilience with higher energy costs – Danske Bank

Spending resilience with higher energy costs – Danske Bank

Danske Bank’s Louise Aggerstrøm Hansen and Asger Wilhelm Dalsjö report that Danish private consumption strengthened in March, with real spending excluding energy up 1.2% month-on-month and 3.8% year-on-year. Retail and grocery spending continued to recover, and services such as beauty, travel and leisure also expanded. Higher energy prices lifted gas-station outlays but did not materially […]