Brazil’s Central Bank Intervenes in Dollar Futures Market for First Time in a Decade
In a significant shift in monetary policy strategy, Brazil’s central bank has entered the dollar futures market for the first time in ten
Forex News
Forex News
Weak Eurozone PMI Data Heightens Stagflation Concerns, BNY Warns
New data showing a further contraction in Eurozone business activity has reinforced fears of a stagflationary environment, according to a note from BNY
Forex News
EUR/GBP Holds Steady as Markets Digest UK Political Uncertainty and US-Iran Talks
The EUR/GBP currency pair has stabilized in recent trading sessions, as market participants carefully assess a combination of domestic political risks in the
Forex News
Standard Chartered: Assessing the Prospects of a Managed US-China Trade Truce
Analysts at Standard Chartered have released a note examining the potential for a managed trade truce between the United States and China, offering
Forex News
Fed’s Goolsbee Warns Productivity Impact on Inflation and Rates Is Uncertain
Federal Reserve Bank of Chicago President Austan Goolsbee on Tuesday offered a nuanced view on the relationship between productivity gains and monetary policy,
Forex News
South Korea’s Gradual CPI Rise Keeps Bank of Korea Cautious, Says ING
South Korea’s consumer price index (CPI) is rising at a gradual but persistent pace, reinforcing a cautious stance from the Bank of Korea
Forex News
DXY Faces Asymmetric Downside Risk Ahead of US Payrolls: TD Securities
TD Securities has issued a tactical note to clients warning that the US Dollar Index (DXY) faces asymmetric downside risk heading into the
Forex News
Citi Books Profit on Forint Position, Maintains Bullish Stance on Hungarian Currency
Citi has partially taken profit on its long Hungarian forint position, a move that reflects tactical portfolio management rather than a shift in
Forex News
Fed’s Musalem Says Inflation Stalled, ‘Meaningfully Above’ Target
St. Louis Federal Reserve President Alberto Musalem delivered a sobering assessment of the U.S. inflation outlook on Tuesday, stating that price pressures remain
Forex News
BBH: Positive Real Rates Bolster Swedish Krona Outlook Amid Policy Divergence
Brown Brothers Harriman (BBH) strategists have underscored that Sweden’s positive real interest rates are providing a structural tailwind for the Swedish krona (SEK),