Consolidation holds ahead of BoJ decision – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret highlight that the Japanese Yen (JPY) is flat against the US Dollar (USD), underperforming G10 peers in subdued trading. USD/JPY price action suggests consolidation in a 157.50–160.50 band, with a flat RSI signaling limited momentum. A weaker trade balance on higher energy imports and Friday’s Consumer Price Index […]
BoE seen on hold as prices rise – ING
ING’s James Smith notes that UK inflation rose to 3.3% in March on higher fuel costs and is likely to move towards 3.5–4% later in 2026, helped by July’s increase in household energy bills. Using ING’s Oil and natural gas assumptions, he expects inflation to peak slightly above 4%, but still sees no Bank of […]
Hovering around 0.7800 as bears lose steam
The US Dollar (USD) posts moderate losses against the Swiss Franc (CHF) on Wednesday, but remains trading within previous ranges, with price action fluctuating around 0.7800, halfway through the weekly trading band. A cautious market mood, as hopes of a swift end to the US-Iran war wane, is keeping US Dollar crosses steady on Wednesday. […]
Asymmetric risk skew on ceasefire and Fed politics – Commerzbank
Commerzbank’s Michael Pfister argues that the extended ceasefire with Iran and ongoing closure of the Strait of Hormuz keep global inflation risks elevated, even if EUR/USD does not currently reflect this. He notes that renewed tensions would likely support the US Dollar (USD) more than a deal would lift the Euro (EUR), and that political […]
Gold rises as US‑Iran ceasefire hits USD; upside seems limited
Gold (XAU/USD) gains some positive traction during the Asian session on Wednesday and moves away from a one-week low, around the $4,669-$4,668 region, touched the previous day. The US Dollar (USD) edges lower in reaction to a temporary extension of the US-Iran ceasefire, turning out to be a key factor that offers some support to […]
EUR/USD softens to near 1.1750 amid extended US‑Iran ceasefire
The EUR/USD pair trades in negative territory near 1.1750 during the early Asian session on Wednesday. The ongoing conflict between the United States and Iran, as well as uncertainty surrounding the Strait of Hormuz blockade, weighs on the Euro (EUR) against the US Dollar (USD). US President Donald Trump announced late Tuesday that he was extending a […]
Bear trend stays in control – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret observes the Canadian Dollar (CAD) is modestly softer as USD stabilizes, but stresses the broader USD/CAD bear trend remains intact. Softer Canadian Consumer Price Index (CPI) gives policymakers time to assess higher energy prices, while Q1 Business Outlook Survey shows resilient inflation expectations. The Bank of Canada (BoC) […]
Gold dips as US data beats, Warsh calls for Fed “regime change”
Gold (XAU/USD) trades with a negative bias on Tuesday but lacks strong directional momentum, as investors hold back from aggressive positioning amid uncertainty over whether US-Iran peace talks will resume, following renewed tensions in the Strait of Hormuz over the weekend. At the time of writing, XAU/USD is trading around $4,748, down nearly 1.50% on […]
Energy costs and supply shape outlook – ING
ING analysts Warren Patterson and Ewa Manthey report Copper has eased after recent gains but remains near two‑month highs, with macro headwinds and tighter monetary policy weighing on industrial metals demand. Aluminium prices stay supported by supply disruptions in Gulf producers, where March output fell 6% to 15,963 tonnes per day, according to industry data. […]
BoJ: Japan's financial system maintains stability on the whole
Here are key findings from the Bank of Japan’s (BoJ) Financial System Report Source link
