Pound Sterling (GBP) is underperforming most major currencies, BBH’s FX analysts report. Inflation limits BoE easing “The UK composite PMI fell more than expected to…
USD/JPY recovered above 146.00 after testing a two-week low yesterday around 145.86, BBH FX analysts report. BoJ rate hike odds limited “Japan private sector growth traction…
AUD/USD broke higher through key resistance level at 0.6600, reaching its highest level since August 2024. Improved financial market risk sentiment from easing trade tensions,…
NZD/USD is consolidating yesterday’s gains around 0.6050. RBNZ Chief Economist Paul Conway maintained a dovish tone, BBH FX analysts report. Scope for further OCR cuts “Conway…
USD/JPY eased off from this week’s high above 147.00, while JPY continues to underperform against most major currencies, BBH FX analysts report. USD/JPY pulls back…
NZD/USD is range-bound around 0.6000. RBNZ delivers a dovish hold. The RBNZ kept the Official Cash Rate (OCR) unchanged at 3.25%, as was largely anticipated,…
GBP/USD is trading heavy near key support at 1.3400. Bank of England is widely expected to keep rates steady at 4.25% (12:00pm London), BBH FX analysts…
AUD/USD is down near the lower-end of this month’s 0.6440-0.6550 range. Australia’s May labor force report was soft, BBH FX analysts report. RBA has room…
NZD is underperforming across the board. Financing New Zealand’s large current account deficit (-5.7% of GDP in Q1) is more difficult during periods of global…
China private sector services activity picked-up in May, BBH FX analysts report. China services sector expands modestly “The Caixin services PMI increased 0.1pts more than…