United States Continuing Jobless Claims below forecasts (1.86M) in March 13: Actual (1.819M)
United States Continuing Jobless Claims below forecasts (1.86M) in March 13: Actual (1.819M)
United States Initial Jobless Claims 4-week average: 210.5K (March 20) vs previous 210.75K
United States Initial Jobless Claims 4-week average: 210.5K (March 20) vs previous 210.75K
United States Initial Jobless Claims in line with forecasts (210K) in March 20
United States Initial Jobless Claims in line with forecasts (210K) in March 20
USD/CHF edges higher on safe-haven Dollar demand, SNB intervention threat
USD/CHF trades higher around 0.7930 on Thursday, up 0.15% on the day, as the US Dollar (USD) maintains a bullish tone amid heightened geopolitical uncertainty. The pair is supported by sustained demand for the Greenback, driven by fading hopes for a ceasefire between the United States (US) and Iran.
GBP: Resilience faces fiscal and growth risks – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong highlight that the Pound (GBP) has been resilient since the Iran conflict, supported by a sharp hawkish shift in UK rate expectations.
ECB: Rate hike risks rise as inflation watched – Societe Generale
Societe Generale analysts comment on the latest Reuters European Central Bank (ECB) poll showing more economists now expect at least one rate increase this year, though a majority still see no move.
MXN: Banxico patience supports peso – Commerzbank
Commerzbank analysts Michael Pfister and Norman Liebke report that the Bank of Mexico (Banxico) is expected to leave rates unchanged, with markets no longer pricing cuts in the near term after the Iran conflict.
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.