GBP/USD drifts lower as Iran oil shock clouds the BoE rate outlook
GBP/USD slipped about 0.1% on Thursday, settling around 1.3340 in a choppy session.
United Kingdom GfK Consumer Confidence above expectations (-24) in March: Actual (-21)
United Kingdom GfK Consumer Confidence above expectations (-24) in March: Actual (-21)
USD/JPY presses toward 160.00 as Crude Oil shock deepens Yen slide
USD/JPY edged up about 0.1% on Thursday, trading around 159.70 and holding just below the session high near 159.85. The pair has rallied sharply from the early-March lows close to 152.10, gaining roughly 770 pips in under three weeks.
Ireland Consumer Confidence dipped from previous 65.2 to 56.7 in March
Ireland Consumer Confidence dipped from previous 65.2 to 56.7 in March
PHP: Energy shock risks and BSP stance – DBS
DBS Group Research economist Radhika Rao discusses how the Philippines’ declaration of a national energy emergency in response to Middle East supply risks could affect inflation, growth and the Philippines Peso (PHP).
Asian FX: Weak footing persists despite pause – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong observes that Asian FX has shown tentative stabilization after a multi-week sell-off linked to the Iran conflict, but characterizes the move as consolidation.
GBP/JPY Price Forecast: Stalls at 213.00 as bearish flag looms
The GBP/JPY consolidates around 213.00 for the second straight day, losses 0.09%, snapping a four-day streak of consecutive gains as traders clash with key resistance at the March 11 peak at 213.31.
Singapore: Growth risks tilt lower – UOB
UOB’s Senior Economist Alvin Liew reviews Singapore’s latest industrial production data and maintains the 2026 GDP growth forecast at 3.6%, with 2027 at 2.0%. The bank highlights broad-based weakness in February IP, despite continued AI-related support for electronics.
APAC FX: Inflation channel and valuation gaps – BNY
Geoff Yu at BNY notes that North Asian economies face supply-related risks to their balance of payments despite ample energy reserves.
New Zealand ANZ – Roy Morgan Consumer Confidence dipped from previous 100.1 to 91.3 in March
New Zealand ANZ – Roy Morgan Consumer Confidence dipped from previous 100.1 to 91.3 in March
NZD/USD slips as US Dollar strengthens and geopolitical tensions weigh
The NZD/USD pair slipped to the 0.5760 region, remaining under pressure as the US Dollar (USD) stays firm amid elevated United States (US) yields and a cautious market mood.
USD/THB: Energy shock pressures Baht – Commerzbank
Commerzbank economists Dr. Henry Hao and Moses Lim highlight that USD/THB climbed to 32.65 as Thailand’s trade balance stayed in deficit and global energy prices rose.