Banks
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European Central Bank: Cautious path to further hike – BNP Paribas
BNP Paribas analysts assess recent European Central Bank (ECB) communication from Sintra, highlighting Christine Lagarde’s cautious stance and shift toward…
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Canadian Dollar: Weakness extends against US Dollar – Societe Generale
Societe Generale’s Kenneth Broux highlights that USD/CAD has broken out of a large consolidation and extended gains towards 1.4250, with the upper…
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Japanese Yen: High bar for hawkish BoJ repricing – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad reports USD/JPY is consolidating around 162.00 after touching a 40‑year high near 162.84. Japan’s…
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US Dollar: Benign FX risk score with hawkish fed pricing – DBS
DBS Group Research’s FX Risk Score note by Chua Han Teng and Daisy Sharma highlights that FX risk has risen…
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Euro: Le Pen ruling seen as low impact – ING
Francesco Pesole at ING argues that Marine Le Pen’s eligibility ruling matters more for French politics than markets, as investors…
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New Zealand Dollar: RBNZ hike seen but path questioned – Commerzbank
Volkmar Baur at Commerzbank expects the Reserve Bank of New Zealand (RBNZ) to raise rates at its July meeting to…
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Federal Reserve: New communication risks under Warsh – BNY
BNY Markets’ John Velis and David Tam examine upcoming Federal Open Market Committee (FOMC) minutes from Kevin Warsh’s first meeting…
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Equities: Semiconductor bounce looks fragile – Deutsche Bank
Deutsche Bank strategists note that the S&P 500 reached a three-week high as chip stocks rebounded, led by gains in…
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Japanese Yen: Mixed outlook inside 160.60–163.00 against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang reports USD/JPY surged to 162.42 before closing at 162.08, leaving the pair overbought.…
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Euro Summer range holds against US Dollar – Commerzbank
Commerzbank’s Volkmar Baur notes EUR/USD has been stuck between 1.1350 and 1.1450 since mid-June, with few catalysts expected over the…
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