Dollar rejected at 200-day SMA, drops towards 0.7900

Dollar rejected at 200-day SMA, drops towards 0.7900

The USD/CHF pair trades more softly during the North American session on Thursday despite the Swiss National Bank’s (SNB) verbal intervention in the forex markets to depreciate the Swiss Franc (CHF). Broad US Dollar (USD) weakness pushed the major down 0.31% to 0.7906. USD/CHF Price Forecast: Technical outlook The technical picture shows that USD/CHF buyers […]

Growth resilience versus demographic drag – BNP Paribas

Growth resilience versus demographic drag – BNP Paribas

BNP Paribas highlights that Central European economies are holding up well despite a shrinking population and working-age cohort. The bank notes continued support from EU funds, strong productivity gains relative to wages, and a highly educated workforce. It also flags medium-term risks to competitiveness and potential growth from worsening demographics by 2030. Demographic headwinds versus […]

Hawkish hold under energy shock – Rabobank

Hawkish hold under energy shock – Rabobank

Rabobank’s Senior Macro Strategist Stefan Koopman notes that the Bank of England (BoE) kept Bank Rate at 3.75% but adopted a distinctly hawkish tone as a renewed energy shock lifts inflation projections. The Monetary Policy Committee (MPC) is seen as “ready to act”, with Koopman now forecasting a single 25bp hike, potentially in April, while […]