Brazil Mid-month Inflation above forecasts (0.29%) in March: Actual (0.44%)
Brazil Mid-month Inflation above forecasts (0.29%) in March: Actual (0.44%)
Reuters Poll: Fed to hold policy rate at 3.50%-3.75% until at least September
55 of 82 economists polled by Reuters think that the Federal Reserve (Fed) will keep the policy rate unchanged at the 3.5%-3.75% range at least until September.
USD/INR will likely open higher on Friday as Mideast optimism eases
The USD/INR pair is expected to open higher on Friday after a holiday in Indian markets on Thursday due to Ram Navami celebrations.
EUR/GBP: Upside risks seen as BoE reprices dovishly – ING
ING's Francesco Pesole focuses on Bank of England (BoE) communication, noting mixed but generally hawkish tones from Megan Greene and Sarah Breeden, while Alan Taylor remains dovish. He expects greater room for dovish repricing in the Pound curve under a de-escalation scenario.
USD/ZAR: Hawkish SARB test as flows reverse – BNY
BNY’s Head of Markets Macro Strategy Bob Savage highlights growing pressure on the South African Rand as ZAR leads high‑yield EM outflows ahead of the SARB decision.
NZD/USD extends losses below 0.5800 as hopes of a US-Iran peace deal ebb
The New Zealand Dollar (NZD) heads south against the US Dollar (USD) for the third consecutive day, extending its reversal from last week's highs, a few pips short of 0.5900, to session lows at 0.5781 on Thursday’s European trading session.The risk-sensitive Kiwi has been hit by a sour market sentim
EUR: ECB signals forceful stance on energy shock – MUFG
MUFG’s Derek Halpenny highlights that the ECB is signalling a tougher reaction function to an energy-driven inflation shock, contrasting with past cycles.
USD: War-driven bid and funding stress risks – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad notes renewed risk aversion is lifting the Dollar as the Iran conflict escalates, with Oil higher and global equities and bonds weaker.
Pound Sterling ticks down as Iran’s disagreement to ceasefire revives risk-off mood
The Pound Sterling trades marginally lower against its major currency peers, edging down to near 1.3350 against the US Dollar (USD) during the European trading session on Thursday.
NOK: Norges Bank signals possible hike this year – TD Securities
TD Securities reports that Norges Bank left its policy rate unchanged at 4.00%, in line with expectations, but shifted guidance toward a base case of at least one rate hike in 2026.
US President Trump: Iranian negotiators begging to make a deal
In a post published on Truth Social on Thursday, United States (US) President Donald Trump called Iranian negotiators "very different and strange."
BoE’s Breeden: Needs more data before an action on monetary policy
Bank of England (BoE) Deputy Governor for Financial Stability Sarah Breeden stated at a panel discussion during European trading hours on Thursday that the monetary policy should remain steady until the United Kingdom (UK) central bank has sufficient information.