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.
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.
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
MUFG’s Derek Halpenny highlights that the ECB is signalling a tougher reaction function to an energy-driven inflation shock, contrasting with past cycles.
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.
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.
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.
In a post published on Truth Social on Thursday, United States (US) President Donald Trump called Iranian negotiators "very different and strange."
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.
West Texas Intermediate (WTI) US Oil trades around $92.05 on Thursday at the time of writing, up 1.73% on the day, extending its positive bias despite a lack of strong bullish conviction.
The US Dollar (USD) maintains an immediate bullish tone against the Japanese Yen (JPY) on Thursday, extending its rebound from Monday’s lows at 158.00 to levels above 159.50 so far.
Gold price (XAU/USD) is down 2% to near $4,410 during the European trading session on Thursday.
