EUR/USD: Range trade persists with hawkish ECB – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret highlight that the Euro (EUR) is flat versus the US Dollar (USD), with EUR/USD stuck in a range as markets weigh conflict-related inflation risks and a hawkish European Central Bank (ECB) stance. Rate expectations imply nearly one 25 bp hike by June and over 75 bps by December. Technicals are neutral, anchored around…
Canada: Energy lifts CPI, BoC focus on core – TD Securities
TD Securities’ Senior Canada Economist Robert Both expects Canadian Consumer Price Index (CPI) inflation to rise to 3.1% year-on-year in April, driven mainly by higher energy and food prices and base effects from last year’s carbon tax changes. Core measures (CPI-trim/median) are projected near 2.1–2.2%, leaving the Bank of Canada (BoC) focused on underlying inflation rather than the temporary headline…
Silver is back below its 200 day MA setting the MA as a new risk/bias defining level
When the price of any traded asset breaks below a key technical level, it typically shifts the bias in the direction of the break and turns that level into an important risk-defining area. That is the situation silver finds itself in after closing below its 200-day moving average yesterday for the first time since April 2025, more than a year…
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WTI declines below $91.00 despite Iran threats
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $90.85 during…
Swedish Krona: Range trading outlook versus Euro – Rabobank
Rabobank’s Senior FX Strategist Jane Foley focuses on the Swedish Krona (SEK),…
BoJ’s official: Financial conditions remain easy in Japan, underpinning economic activity
A Bank of Japan (BoJ) official told Parliament during the Asian session…
Oil rebounds on Iran peace deal uncertainty and inventory drawdowns
Oil rebounds on Iran peace deal uncertainty and inventory drawdowns Source link
Oil prices sink with US-Iran negotiations, Hormuz deal in focus
Oil prices sink with US-Iran negotiations, Hormuz deal in focus Source link
Canadian Dollar declines as oil prices ease
USD/CAD rises for the third consecutive day, trading around 1.4140 during the…
Trump posts on the deal with Iran
Trump says a U.S.-Iran deal is imminent, covering nuclear weapons and an…
Gold Holds Near Monthly Lows Amid Persistent Inflation Pressures
Gold is trading at around 4,550 USD per ounce on Thursday, remaining…
USD/JPY: Uptrend resumes toward 2024 highs – Societe Generale
Societe Generale analysts observe that USD/JPY has formed a small base above its 50‑day moving average after an earlier failed breakout. The pair is again attempting to break out of…
