Banks
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Indian Rupee: Flows recovering as Dollar strength caps gains – DBS
DBS Group Research economist Radhika Rao notes India’s onshore markets are being pulled between higher Oil prices and improving capital…
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Bank of England: Dovish hold shapes Pound outlook – UOB
UOB strategists highlight that the Bank of England (BoE) kept its policy rate at 3.75%, with Governor Bailey stressing no…
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Euro: Upside risks after sharp Dollar shift – ING
ING’s Francesco Pesole writes that EUR/USD broke above 1.150 as broad Dollar weakness persisted, even as the Euro underperformed some G10 peers…
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Japanese Yen: Intervention and cautious BoJ stance – Commerzbank
Commerzbank’s Volkmar Baur reports that Japan’s Ministry of Finance intervened in FX markets, with apparent US Treasury support, to address…
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US Dollar: Fed reaction function clouds dollar outlook – MUFG
MUFG’s Derek Halpenny highlights that the Federal Reserve’s decision to leave rates unchanged, and Chair Warsh’s failure to clearly justify the pause,…
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New Zealand Dollar: Business survey supports RBNZ hikes – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad notes the New Zealand Dollar (NZD) is stronger against major currencies, with local bonds…
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US Dollar: Hawkish hold tempers USD strength – ING
ING’s Knightley and Turner highlight that a neutral‑hawkish Fed hold has slightly weakened the Dollar, reversing positioning that had shifted toward a…
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Federal Reserve: September hike risk stays elevated – ABN AMRO
ABN AMRO strategists analyze the latest Federal Reserve decision to keep the federal funds rate at 3.5-3.75%. They highlight dissenting…
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Australian Dollar: RBA sees inflation still above target – BNY
BNY’s Geoff Yu reports that Reserve Bank of Australia (RBA) Assistant Governor Sarah Hunter described Australia’s Consumer Price Index (CPI)…
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Euro: Fed split supports EUR against US Dollar – Commerzbank
Commerzbank’s FX Research team, including Charlie Lay and colleagues, notes that the Dollar Index fell and EUR/USD climbed after the Federal Reserve…
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