Euro: Fragmentation fears weigh on EUR – OCBC
Institutional, OCBC
Euro: Fragmentation fears weigh on EUR – OCBC
OCBC’s Christopher Wong notes that widening Eurozone bond spreads and fragmentation concerns are tightening financial conditions and putting renewed pressure on the Euro. EUR/USD has fallen to its weakest level since May 2025, and while the Dollar could extend gains if French-German spreads stay wide, the ECB’s anti-fragmentation tools are expected to limit systemic stress. […]
by Currency Hedger
- 0 Comments
- 4 days ago
Institutional, Societe Generale
Oil: Crude forecasts signal inflation surprises ahead – Societe Generale
Societe Generale’s analysts use their Brent, West Texas Intermediate (WTI) and Diesel price forecasts to derive forward-looking inflation surprises for the US and Eurozone. By linking spreads, inventories and refining cracks, they construct 12‑month crude and Diesel paths and show that, if these are accurate, Consumer Price Index (CPI) surprises can be estimated well ahead […]
by Currency Hedger
- 0 Comments
- 4 days ago
ISM Services PMI expected to signal a solid US economy in September
On Monday, we’ll get the latest read on the US services sector when the Institute for Supply Management (ISM) publishes its September gauge. Consensus points to a marginal downtick to 55 from August’s 55.4. If confirmed, the reading is unlikely to significantly dent the current sector’s resilience and confidence in the broader economy. Back in […]
by Currency Hedger
- 0 Comments
- 4 days ago
Institutional, MUFG
European Central Bank: Contagion risk reshapes rate expectations – MUFG
MUFG’s Lee Hardman notes that unwanted tightening in Euro-zone financial conditions is prompting markets to pare back expectations for further ECB rate hikes. Pricing has shifted closer to MUFG’s forecast of two additional moves, which may still be too aggressive if fragmentation risks intensify, while speculation grows that the ECB could slow QT or activate […]
by Currency Hedger
- 0 Comments
- 4 days ago
CAD, Market Analysis, USD
Canadian Dollar bounces up as US Dollar loses steam with services PMIs in focus
The Canadian Dollar (CAD) pares previous daily losses on Monday, as the US Dollar (USD) pulls back from multi-month highs against most peers, with market concerns about higher global debt yields keeping investors away from risk. The USD/CAD pair is trading at the 1.4240 area at the US session opening times, turning flat in the […]
by Currency Hedger
- 0 Comments
- 4 days ago
Institutional
Brazilian Real: Election surprise supports BRL – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad says the Brazilian Real (BRL) and local assets are poised to open higher after Flávio Bolsonaro’s stronger-than-expected first-round election result. Haddad adds that Bolsonaro’s momentum ahead of the October 25 runoff, together with proposals for faster fiscal repair and lower taxes, reinforces a positive BRL outlook already supported by […]
by Currency Hedger
- 0 Comments
- 4 days ago
EUR, GBP, Market Analysis
Euro extends decline against British Pound on France debt concerns
EUR/GBP extends its decline on Monday, sliding to its lowest level since mid-July as political turmoil and mounting concerns over Europe’s public finances weigh on the Euro (EUR). At the time of writing, the cross trades around 0.8478, down 0.24% on the day, after touching an intraday low of 0.8458. Concerns centre on France, where […]
by Currency Hedger
- 0 Comments
- 4 days ago
France’s Budget, Spain’s Elections. Politics Returns to the Markets
Stock Market 📈 Companies 🏢 Macroeconomics and Politics 🌍 Currencies 💵 Commodities and Energy 🛢️ Cryptoassets 🪙
by Currency Hedger
- 0 Comments
- 4 days ago
Institutional, UOB
Australian Dollar: Downside limited against US Dollar – UOB
United Overseas Bank (UOB) strategist Quek Ser Leang reports AUD/USD closed at 0.6951 after a brief spike to 0.6976, with intraday price action expected to stay between 0.6930 and 0.6975. He judges the recent weakness from mid-September remains intact but, given oversold conditions, further declines may struggle to reach 0.6866. On a 1–3 month horizon, […]
by Currency Hedger
- 0 Comments
- 4 days ago
CHF, Market Analysis, Technical Analysis, USD
USD/CHF Price Forecast: Holds below 0.8320 as the Swissie withstands bonds selloff
The Swiss Franc (CHF) has retraced previous losses on Monday and trades practically flat against the US Dollar (USD), hardly affected by the bond market turmoil that has crushed investors’ appètite for risk. The USD/CHF pair bounced from 0.8225 lows on Friday but has been contained below a previous support area around 0.8320, which keeps […]
by Currency Hedger
- 0 Comments
- 4 days ago