Banks
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BoE: Steady policy path with active hold – Deutsche Bank
Deutsche Bank’s Chief UK Economist Sanjay Raja notes that the Bank of England kept Bank Rate at 3.75%, matching their…
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Euro area: ECB hikes see limited regional follow-through – BNY
BNY’s Bob Savage observes that recent ECB hikes have found few followers among other European central banks, with the BoE, SNB, Norges…
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Euro: Recovery seen but forecasts stay below consensus – Rabobank
Rabobank’s FX Strategy report argues the Euro played a significant role in last year’s strong EUR/USD rally, supported by Germany’s debt brake…
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United States Dollar Index: Recoupling with rates – Societe Generale
Societe Generale’s Kit Juckes notes that the Dollar Index is closely tracking EUR/USD and highlights how President Trump’s policies weakened the Dollar…
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United States Dollar: Rate-driven support into FOMC – BNY
BNY’s Geoff Yu notes that the Dollar is firming ahead of the FOMC as iFlow data show it increasingly driven…
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Brent Oil: Peace framework drives declines – Deutsche Bank
Deutsche Bank’s Jim Reid and colleagues note that Brent Oil has extended its decline as markets react to reports of…
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Gold: Rising central bank demand and de-dollarization – Rabobank
Rabobank’s RaboResearch Global Economics & Markets team highlights growing central bank interest in Gold as global insecurity rises and de-dollarization continues. The…
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Canadian Dollar: Uptrend extends towards 1.4150 – Societe Generale
Societe Generale’s Kenneth Broux highlights that USD/CAD has broken above a key descending trendline and the upper boundary of a multi‑month base,…
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Japanese Yen: Gradual BoJ tightening keeps currency under pressure – MUFG
MUFG’s Lee Hardman notes the Japanese Yen is little changed after the BoJ’s widely anticipated 0.25% rate hike to 1.00%,…
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USD/CNH: Grind lower toward key support – UOB
Quek Ser Leang at UOB notes that USD/CNH’s earlier sharp decline has stalled into consolidation around 6.76, with intraday trading…
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