Banks
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Brent: Geopolitical risk keeps cracks elevated – ING
ING analysts Warren Patterson and Ewa Manthey note Brent has pushed back above $95/bbl as escalating Persian Gulf tensions revive…
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US Dollar: August inflation key to September Fed decision – Commerzbank
Antje Praefcke at Commerzbank highlights that markets now price nearly a 70% chance of a September Fed hike after Chair Kevin Warsh’s…
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British Pound: Downside risk toward 1.3480 against US Dollar – UOB
UOB’s Quek Ser Leang and Lee Sue Ann note GBP/USD broke below its anticipated intraday range, dropping to 1.3507 as downside momentum…
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Euro: Pressured as ECB hike looms – Danske Bank
Danske Research Team notes that EUR/USD slipped below 1.1600 as the US Dollar strengthened on a hawkish Federal Reserve stance…
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Canadian Dollar: Trade tensions and extended BoC hold – TD Securities
TD Securities highlights asymmetric upside risk in USD/CAD as US–Canada trade tensions escalate. Section 338 tariffs are expected to shave…
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Polish Zloty: Fiscal risks cap gains against Euro – Societe Generale
Societe Generale notes that the Polish Zloty strengthened while domestic bonds sold off as August inflation and second-quarter Gross Domestic Product (GDP)…
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CEE FX: Hawkish repricing supports regional currencies – ING
ING strategist Frantisek Taborsky reports that Polish inflation surprised to 3.4% on higher fuel prices, while food prices fell, and…
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Indian Rupee: RBI tightening path seen shallow – Standard Chartered
Standard Chartered strategists Anubhuti Sahay and Saurav Anand expect the Reserve Bank of India (RBI) to deliver a total of…
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Euro: Proactive ECB seen as supportive – Commerzbank
Michael Pfister at Commerzbank notes that several central banks, including the European Central Bank (ECB), have already raised rates following the inflation…
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Japanese Yen: BoJ hike expectations shape FX – MUFG
Michael Wan at MUFG notes continued dispersion in Asia FX, with USD/JPY trading just below 160. NHK reports US officials…
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