AUD/USD is consolidating above last week’s lows near 0.6258, BBH’s FX analysts report. Markets continue to fully price-in the next 25bps cut in July “Australia…
GBP/USD is down to a 5-day low, and 10-year gilts are underperforming. The UK fiscal backdrop is not pretty. Borrowing in the first eleven months…
EUR/USD remains heavy near this week’s lows, BBH FX analysts report. Current account surplus is a natural source of underlying demand for EUR “However, encouraging Eurozone…
USD/CAD is consolidating around 1.4330, BBH FX analysts report. High inflation and unfavorable growth prospect are bad news for CAD “Bank of Canada (BOC) Governor…
USD/JPY edged up just under 150.00, BBH FX analysts report. USD/JPY faces important resistance around 152.00 “Japan February CPI was mixed and does not move…
NZD is underperforming amid a risk off sentiment in FX markets, BBH FX analysts report. RBNZ has penciled-in another 75bps of easing over the next…
GBP/USD is down on broad USD strength, BBH FX analysts report. Swaps market is pricing in 50bps of cuts over the next 12 months “The…
NZD/USD retraced some of this week’s gains on USD strength, BBH’s FX analysts report. Long-term fundamental equilibrium for NZD/USD is at 0.6700 “New Zealand’s annual…
EUR/USD is down near 1.0900, reflecting the broad bounce in USD, BBH FX analysts report. Eurozone disinflationary process remains well on track “The Eurozone…
AUD/USD is firmer on broad US Dollar (USD) weakness and improving Chinese economic activity, BBH FX analysts report. Broad USD weakness pushes AUD/USD upwards “Australia’s…