The Bank of Japan (BoJ) board members shared their views on the monetary policy outlook on Wednesday, per the BoJ Minutes of the January meeting. Key quotesOne member said although downward pressure on … [Continue reading]
Australia CPI set to show sticky inflation in February, reinforcing hawkish RBA outlook
The Australian Bureau of Statistics (ABS) will release the Consumer Price Index (CPI) for February on Wednesday at 00:30 GMT, with inflation expected to hold steady at 3.8% YoY and come in flat on a monthly basis. This release comes as the Reserve … [Continue reading]
EUR/USD pares losses as US Dollar eases after PMI data
The Euro (EUR) recovers modestly against the US Dollar (USD) on Tuesday, helping EUR/USD trim part of its earlier losses as the Greenback pulls back slightly from intraday highs following the latest S&P Global Purchasing Managers Index (PMI) … [Continue reading]
Germany 5-y Note Auction: 2.72% vs 2.4%
Gold recovers a major part of intraday losses and climbs closer to the $4,400 mark heading into the European session, though any meaningful recovery still seems elusive. The Iran war continues to fuel inflation fears, curbing bets for interest rate … [Continue reading]
Fed: War fog clouds rate path – BNY
BNY strategist John Velis says the March FOMC broadly matched expectations, with no rate change and minimal forward guidance, while markets swiftly repriced toward a more hawkish path. He highlights that the Middle East conflict and higher energy … [Continue reading]
Silver Price Forecast: XAG/USD weakens to $66.50, bears retain control below 100-day SMA
Silver (XAG/USD) struggles to capitalize on the previous day's solid recovery move from the $61.00 mark, or its lowest level since December 12, and meets with a fresh supply during the Asian session on Tuesday. The white metal dives back closer to … [Continue reading]
NZD/USD rises as risk sentiment improves, US Dollar consolidates
The NZD/USD pair is trading near the 0.5860 price region at the start of the Asian session, having receded almost half its intraday gains late in the American session.The earlier gains came amid a boost in global risk appetite, which rose after … [Continue reading]
XRP rises on Trump’s Iran strike suspension, ETF inflows improve
Ripple (XRP) is testing its rebound strength, rising by nearly 3% on Monday to $1.42. The upswing from the daily low of $1.36 follows United States (US) President Donald Trump’s order to the Department of War to suspend planned attacks on Iran’s … [Continue reading]
TTF gas: LNG shock ends surplus era – Rabobank
Rabobank’s Florence Schmit and Joe DeLaura argue the Ras Laffan strike and extended Hormuz closure have effectively ended the LNG glut, forcing a sharp repricing of TTF gas. They now see Q2 2026 TTF at €61/MWh, with full-year 2026 around €50/MWh and … [Continue reading]
EUR/USD Forecast: Euro buyers hesitate as mood sours
EUR/USD struggles to hold its ground after opening with a bearish gap and trades in the red below 1.1550 on Monday. The risk-averse market atmosphere helps the US Dollar (USD) gather strength and makes it difficult for the pair to stage a rebound. … [Continue reading]