The S&P Global advanced PMIs for April are seen worsening further. Markets expect the Federal Reserve to cut rates in June by 25 bps. EUR/USD…
The European Central Bank is expected to lower key rates by 25 bps on Thursday. The focus will be on the ECB’s statement language and…
Bank of Canada (BoC) is expected to keep its policy rate unchanged. The Canadian Dollar has been persistently appreciating vs. the US Dollar. Headline inflation…
The US Consumer Price Index is forecast to rise 2.6% YoY in March. The core CPI inflation is seen a tad lower at 3% last…
The Reserve Bank of New Zealand is set to lower the interest rate by 25 bps to 3.5% on Wednesday. In February, the RBNZ left…
Pound Sterling (GBP) could edge lower to 1.2675 before stabilisation is likely vs US Dollar (USD); any further decline is unlikely to reach 1.2580. In…
Gold price attracts some dip-buyers as worries over US tariffs revive safe-haven demand. Bets for more aggressive Fed rate cuts weigh on the USD and…
Scope for US Dollar (USD) to weaken to 7.2430 before stabilisation can be expected vs Chinese Yuan (CNH); it is unclear if 7.2150 will come…
The United Kingdom’s Office for National Statistics will release the February CPI data on Wednesday. The annual UK headline and core CPI inflation are set…
EUR/GBP holds steady above a multi-week low touched the previous day. BoE’s hawkish stance continues to underpin the GBP and cap spot prices. Monday’s upbeat…