Institutional
Institutional, OCBC
New Zealand Dollar: Downside limited after RBNZ surprise – OCBC
OCBC strategists Sim Moh Siong Christopher Wong highlight that the New Zealand Dollar (NZD) fell after the Reserve Bank of New Zealand (RBNZ) unexpectedly held the OCR at 2.75%. Policymakers still signal tighter policy ahead, with two further hikes expected in December and 1Q27. This stance should cap further NZD downside, with 0.5600 flagged as […]
by Currency Hedger
- 0 Comments
- 2 weeks ago
CommerzBank, Institutional
US Dollar: Fed meeting keeps Dollar steady – Commerzbank
Commerzbank’s Michael Pfister highlights that the Federal Reserve left rates unchanged, with two dissenting votes for a hike. Strong US growth and labour data support a high probability of December tightening, yet inflation expectations are seen improving. Planned changes to meeting structure from 2027 should shift USD volatility toward data releases rather than Fed decisions. […]
by Currency Hedger
- 0 Comments
- 2 weeks ago
Institutional, UOB
Euro: Downside risk hinges on 1.1110 against US Dollar – UOB
UOB strategists Quek Ser Leang and Lee Sue Ann highlight that EUR/USD has shifted into a short-term range phase after rebounding to 1.1152. For the next 24 hours they see consolidation between 1.1120 and 1.1190. Over a 1–3 week horizon, a sustained decline requires a break and close below 1.1110, while a corrective recovery could […]
by Currency Hedger
- 0 Comments
- 2 weeks ago
ING, Institutional
Euro: Lending slowdown threatens key support against US Dollar – ING
Chris Turner at ING highlights that EUR/USD is trading at its lows of the year, pressured by broad Dollar strength, high energy prices and uncertainty around the French budget. While Eurozone activity and upcoming 3Q26 GDP data look relatively resilient, tighter lending conditions and weaker corporate loan demand raise downside risks for EUR/USD technical support […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
Institutional, UOB
Swiss Franc: Further weakness seen against US Dollar – UOB
UOB’s Quek Ser Leang highlights that USD/CHF extended gains to 0.8294 despite overbought conditions, with intraday scope for further upside though a move to the major 0.8320 resistance is seen unlikely. On a 1–3 week horizon, he now expects the pair to test 0.8320 after a close at 0.8290, but judges the odds of a […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
DBS, Institutional
British Pound: Conditional resilience under policy scrutiny – DBS
DBS Group Research’s Philip Wee highlights the challenges facing GBP/USD as the UK Autumn Budget and FOMC decision put fiscal credibility and monetary policy divergence in focus. He notes that expectations for a hawkish Fed and ECB, alongside prospects of a Bank of England rate hike, have helped the Pound outperform the Euro over the […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
Institutional, MUFG
US Dollar: Dovish Fed surprise could weaken the Dollar – MUFG
MUFG’s Derek Halpenny notes the US Dollar (USD) is under upward pressure ahead of the FOMC, with NZD/USD hit hard after a surprise Reserve Bank of New Zealand (RBNZ) hold. He expects the FOMC to keep rates on hold but maintain a hawkish tone, with December largely priced. Any dovish surprise, including focus on tighter […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
BNY, Institutional
British Pound: Weaker GBP may help revive inflows – BNY
Geoff Yu at BNY highlights that foreign appetite for United Kingdom (UK) assets is constrained by uncertainty over Bank of England (BoE) tightening and currency swings, even as domestic investors increase Gilt purchases. He notes that expectations for BoE policy look too hawkish, and suggests a weaker trade‑weighted British Pound (GBP), alongside fiscal credibility and […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
CommerzBank, Institutional
New Zealand Dollar: RBNZ pause limits Kiwi gains – Commerzbank
Commerzbank’s Norman Liebke notes that the Reserve Bank of New Zealand (RBNZ) surprised markets by holding at 2.75%, even as it signalled further hikes will likely be needed. He sees limited medium-term upside for New Zealand Dollar (NZD), arguing market pricing of around four hikes by next September is too hawkish and expecting the Kiwi […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
ING, Institutional
Brent: Risk premium holds as Iran uncertainty lingers – ING
ING analysts Warren Patterson and Ewa Manthey say Brent remains elevated near $114 as investors await clarity on President Trump’s Iran policy after the US midterm elections. They argue the market has priced a higher chance of re‑escalation, but note that an absence of renewed strikes on Iran after the vote could be enough for […]
by Currency Hedger
- 0 Comments
- 3 weeks ago