New Zealand Dollar dips as softer inflation expectations cap RBNZ bets

New Zealand Dollar dips as softer inflation expectations cap RBNZ bets

NZD/USD trades around 0.5850 on Thursday at the time of writing, down 0.15% on the day. The New Zealand Dollar (NZD) remains under pressure following the release of softer inflation expectations in New Zealand, which cast doubt on the prospect of further monetary tightening by the Reserve Bank of New Zealand (RBNZ). However, weakness in […]

Further depreciation seen against US Dollar – Commerzbank

Further depreciation seen against US Dollar – Commerzbank

Commerzbank FX analyst Tatha Ghose highlights persistent inflation pressures and renewed current account deterioration as key drivers for continued weakness in the Turkish Lira against the Dollar. The bank’s forecasts show USD/TRY rising from 48.00 in September 2026 to 57.00 by December 2027, reflecting expectations of ongoing depreciation despite tight monetary policy and heavy FX […]

CPI-driven moves point to near-term stability – MUFG

CPI-driven moves point to near-term stability – MUFG

Lee Hardman at MUFG reports that the US Dollar’s initial post-CPI weakness quickly reversed, with the dollar index returning to around 100.00 as markets trimmed but did not abandon expectations for a September Fed hike. July CPI matched consensus, with energy driving headline gains while core inflation remains contained. MUFG expects the Fed to leave […]