CommerzBank
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Australian Dollar: RBA holds rates but downside bias persists – Commerzbank
Commerzbank’s Volkmar Baur reports that the Reserve Bank of Australia (RBA) left interest rates unchanged in a unanimous decision, with…
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Canadian Dollar: Recovery against US Dollar faces tariff risks – Commerzbank
Michael Pfister at Commerzbank highlights a strong Canadian labour market and improving Gross Domestic Product (GDP), Purchasing Managers’ Index (PMI)…
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Swedish Krona: Hormuz reopening could lift SEK against NOK – Commerzbank
Commerzbank’s Michael Pfister analyses NOK/SEK through oil-price sensitivity and rate expectations. He finds the Norwegian Krone reacts more strongly to…
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Indonesian Rupiah: Supportive domestic backdrop, capped gains – Commerzbank
Commerzbank’s FX analysts, including Charlie Lay and Moses Lim, note that USD/IDR slipped slightly but stayed below the key 18,000…
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Silver: Solar demand headwinds emerge – Commerzbank
Commerzbank’s Carsten Fritsch notes that the Silver price has surged over 10% this week to USD 63.9 per troy ounce, its highest level since…
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Czech Koruna: CZK softens against Euro as CNB waits – Commerzbank
Commerzbank’s Tatha Ghose reports that the Czech National Bank (CNB) kept its policy rate at 3.75% and returned to a…
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Euro: US payrolls could cap gains against the US Dollar – Commerzbank
Commerzbank’s Michael Pfister notes that reduced expectations for Federal Reserve (Fed) tightening have helped EUR/USD climb, but questions how justified this move…
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Euro: Oil-price sensitivity and war-end effects – Commerzbank
Commerzbank’s Michael Pfister argues that lower Oil prices can initially restrain the Euro (EUR) by reducing European Central Bank (ECB)…
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South African Rand: Rate hold seen hurting currency – Commerzbank
Commerzbank’s Volkmar Baur writes that despite South Africa’s reasonable recent performance under pressure from the Iran conflict, the central bank’s…
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Turkish Lira: Trade data underline external pressures – Commerzbank
Commerzbank’s Tatha Ghose analyses Turkey’s June trade figures, highlighting a 26.2% year-on-year widening of the trade deficit to USD 10.4…
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