CommerzBank
-

EUR/GBP: Political strains and BoE doubts – Commerzbank
Commerzbank’s Michael Pfister argues that recent strength in the Pound (GBP) is unlikely to last, as ambitious Bank of England…
Read More » -

AUD/USD: RBA hike expectations support pair – Commerzbank
Commerzbank strategists note AUD/USD held at 0.7200 on Friday and gained modestly over the week as markets price further Reserve Bank of…
Read More » -

Oil: UAE exit reshapes supply outlook – Commerzbank
Commerzbank’s Dr. Henry Hao and Charlie Lay note Brent and WTI extended gains as the United Arab Emirates announced it…
Read More » -

PHP: BSP starts new hiking cycle – Commerzbank
Commerzbank highlights that BSP raised its policy rate by 25bp to 4.50%, signalling the start of a new tightening cycle…
Read More » -

USD: Liquidity backstops and war pressures – Commerzbank
Commerzbank’s Michael Pfister discusses how US allies in Middle East and Asia are seeking Dollar swap lines as conflicts curb…
Read More » -

USD/TRY: Year-end target at 55.0 – Commerzbank
Commerzbank’s Tatha Ghose says their worst-case scenario materialised after the Turkish central bank left policy unchanged, relying on FX intervention…
Read More » -

NZD: Stagflation risks weigh on kiwi – Commerzbank
Commerzbank’s Volkmar Baur notes New Zealand inflation at 3.1% year-on-year, slightly above the Reserve Bank of New Zealand (RBNZ) target,…
Read More » -

EUR/USD: Limited upside as longer-term Dollar risks grow – Commerzbank
Commerzbank’s Thu Lan Nguyen argues that in the short term EUR/USD gains are capped as markets may be overestimating the…
Read More » -

India: Trade shock weighs on Rupee – Commerzbank
Commerzbank analysts highlight that India’s March trade deficit narrowed more than expected as imports slumped, but warn this may reverse…
Read More » -

USD/INR: RBI actions anchor range view – Commerzbank
Commerzbank’s FX team, including Charlie Lay, Dr. Henry Hao and Moses Lim, notes that USD/INR was flat near 93.38 after intraday volatility,…
Read More »


