Institutional
Institutional
Euro: Downside risks despite ECB scope – BBH
Brown Brothers Harriman’s Elias Haddad reports EUR/USD has slightly recovered after hitting fresh cyclical lows, with support at 1.1200 and 1.1111. Mixed Eurozone CPI keeps inflation above target and allows the ECB scope for further hikes, but stronger US growth and France’s worsening budget situation leave EUR/USD risks skewed to the downside over the coming […]
by Currency Hedger
- 0 Comments
- 1 day ago
Institutional
US labour market: Softer jobs ease Fed hike risk – ABN Amro
ABN Amro’s Rogier Quaedvlieg notes September US labour market data came in weaker than expected, with payrolls at 29k versus consensus 90k and prior months revised down by 60k. He see the report as mixed but consistent with its base case and reducing pressure for an October Fed hike. Weaker jobs and wages temper Fed […]
by Currency Hedger
- 0 Comments
- 1 day ago
Institutional
Canada labour market: Tariff effects assessed – RBC
Royal Bank of Canada analysts review Canada’s September labour report, the first full dataset since U.S. Section 338 tariffs took effect. They estimate around 0.4% of Canada’s GDP and employment is tied to tariff-listed US demand. The bank expects tariffs to stall, but not reverse, labour market progress, with modest job gains and the unemployment […]
by Currency Hedger
- 0 Comments
- 1 day ago
Institutional
Euro: October ECB hike odds seen limited – Standard Chartered
Standard Chartered Global Research team discusses Euro area monetary policy, noting that core inflation has only edged up slightly since January and that higher yields pose downside risks to both growth and inflation. The authors judge that these factors reduce the chances of an October rate hike and expect the Governing Council to wait for […]
by Currency Hedger
- 0 Comments
- 1 day ago
Institutional, MUFG
RBI to keep tightening risks alive – MUFG
MUFG analysts Lin Li, Michael Wan, Lloyd Chan and Khang Sek Lee highlight that Asia FX will be driven by the Reserve Bank of India’s (RBI) finely balanced decision on 7 October. They expect RBI to keep rates on hold but stress that a hiking cycle from December is likely, with a total of 50–75bps […]
by Currency Hedger
- 0 Comments
- 1 day ago
Institutional, TDS
US Dollar: Fading rallies as Fed pricing peaks – TD Securities
TD Securities’ Macro Research’s FX team notes the softer US payrolls data is only marginally negative for the Dollar, with the labor market still described as buoyant and neither overheating nor deteriorating. They argue market pricing for Fed hawkishness has likely peaked and see near-term rate hike expectations easing in both the US and Europe. […]
by Currency Hedger
- 0 Comments
- 1 day ago
Deutsche Bank, Institutional
Gold: Modest gains in risk-off backdrop – Deutsche Bank
Deutsche Bank notes that Gold prices edged higher alongside broader risk-off moves and rising financial stress in Europe. While the report focuses more on bonds, equities and energy, Gold’s advance came as volatility ticked up and investors digested geopolitical risks and shifting central bank expectations ahead of key US and Euro Area data releases. Safe-haven […]
by Currency Hedger
- 0 Comments
- 2 days ago
ING, Institutional
British Pound: Potential EU re-engagement supports Sterling – ING
Chris Turner at ING discusses the British Pound as EUR/GBP moves noticeably lower, suggesting emerging Euro weakness and a changing UK narrative. He highlights UK Prime Minister Andy Burnham’s speech on moving closer to Europe, including a possible push to rejoin the EU after the next election. Turner notes markets would likely view EU re-entry […]
by Currency Hedger
- 0 Comments
- 3 days ago
Institutional, Rabobank
Bank of Japan cautious on further hikes – Rabobank
Rabobank Research Global Economics & Markets reports that the Bank of Japan (BOJ) is reluctant to continue rapid rate hikes, with September meeting notes revealing internal divisions and concerns over weak private consumption. BOJ balances growth and tightening risks “The BOJ doesn’t want to keep raising rates rapidly, the September meeting notes showing some hawks […]
by Currency Hedger
- 0 Comments
- 3 days ago
Deutsche Bank, Institutional
Brent Oil: Conflict-driven surge shapes bond stress – Deutsche Bank
Deutsche Bank’s Jim Reid highlights that Brent Oil has surged sharply in Q3 as the US–Iran conflict re-escalated, driving a major global bond selloff and higher long-end yields. The report notes fresh gains in Brent and WTI, warns about benchmark roll effects on front contracts, and flags strength further out the futures curve, reinforcing inflation […]
by Currency Hedger
- 0 Comments
- 3 days ago