Institutional
ING, Institutional
Oil: Market focuses on Persian Gulf risks – ING
ING strategists Warren Patterson and Ewa Manthey note that Oil prices remain supported as traders focus on Middle East and Persian Gulf supply risks rather than the Russia-Ukraine energy ceasefire. Brent has pushed back toward $107/bbl, while hurricane-related disruptions in the Gulf of Mexico and Saudi plans to expand pipeline capacity add further supply-side complexity […]
by Currency Hedger
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- 2 weeks ago
Institutional, Societe Generale
Indian Rupee: RBI measures support INR against US Dollar – Societe Generale
Societe Generale’s Santosh Ejanthkar and Tanmay Purohit highlight that USD/INR fell by more than 1% after the RBI unveiled a broad FX-support package, including a dedicated oil import window and tighter restrictions on corporate hedging. They expect an initial INR rebound and lower forward premiums, but caution that the medium-term outlook will depend on oil […]
by Currency Hedger
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- 2 weeks ago
ING, Institutional
CEE FX: Inflation data versus global Dollar strength – ING
ING’s Frantisek Taborsky highlights a busy week for CEE with key inflation releases and IMF meetings, while regional FX remains driven mainly by global factors. ING keeps a broadly bearish stance on CEE currencies, expecting EUR/PLN to stay near 4.40 and the Forint exposed to higher energy prices and a stronger Dollar, while retaining a […]
by Currency Hedger
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- 2 weeks ago
Institutional, MUFG
Euro: Bearish sentiment persists into year-end against US Dollar – MUFG
MUFG’s Lee Hardman highlights that the Euro (EUR) remains near recent lows around 1.1200 against the Dollar, pressured by fiscal and political concerns in the Euro area, especially France. IMM data show leveraged funds rebuilding short Euro positions. With no clear positive catalyst identified, MUFG warns the Euro remains vulnerable to further weakness heading towards […]
by Currency Hedger
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- 2 weeks ago
CommerzBank, Institutional
Indian Rupee: RBI measures support gains against US Dollar – Commerzbank
Commerzbank’s Dr. Henry Hao and Charlie Lay note that the Reserve Bank of India (RBI) has unveiled a broad package of tools to stabilise the Indian Rupee (INR), including a special Dollar facility for oil importers, tighter FX derivatives rules, and higher reserve requirements. They argue these steps should curb Dollar demand, tighten INR liquidity […]
by Currency Hedger
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- 2 weeks ago
Dankse Bank, Institutional
Equities: Stable oil and yields support stock gains – Danske Bank
Danske Research Team reports that European and US equities ended Friday higher, with many indices near record levels, supported by broadly sideways yields and Oil prices. The bank stresses this is not a classic cyclical rally, as stabilising Oil has aided consumer sectors, and argues that a further Oil decline could extend equity gains, particularly […]
by Currency Hedger
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- 2 weeks ago
CommerzBank, Institutional
Brent: Houthi escalation keeps risk premium elevated – Commerzbank
Commerzbank strategists note that Brent Oil remains above USD 100 as markets weigh heightened geopolitical risk from Houthi attacks on Saudi infrastructure. While early Asian trading saw prices slip below USD 104, they stress that repeated strikes on Riyadh’s main airport raise the risk of US involvement and further disruption to Persian Gulf energy flows. […]
by Currency Hedger
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- 2 weeks ago
Institutional, UOB
Euro: Downside risks toward 1.1145 against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann report EUR/USD closed near 1.1200 after a volatile session that failed to generate fresh directional clues. For the day, they expect a 1.1180–1.1230 range. On a 1–3 week horizon, they retain a mildly negative stance, seeing a chance of a test of 1.1145 while […]
by Currency Hedger
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- 2 weeks ago
CommerzBank, Institutional
Chinese Yuan: PBoC defends yuan narrative – Commerzbank
Commerzbank’s FX team highlights that the People’s Bank of China rejected claims the yuan is undervalued, linking export strength to industrial competitiveness rather than currency manipulation. The central bank will start reporting FX operations to the IMF from 2027, while reserves slipped to USD3.40tn. In FX, USD/CNY fell 30 pips to 6.70, with USD/CNH little […]
by Currency Hedger
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- 2 weeks ago
Institutional, MUFG
Chinese Yuan: PBoC stance and valuation debate guide currency path – MUFG
Halpenny highlights a new PBoC document defending China’s FX policy and rejecting claims that CNY drives its trade surplus, instead pointing to manufacturing competitiveness. He notes BIS REER data showing a 20% fall from the 2022 peak and IMF estimates of 12–20% undervaluation, suggesting CNY is undervalued but only partly explains China’s export strength. China […]
by Currency Hedger
- 0 Comments
- 2 weeks ago