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NOK: Rate path stays uncertain – Danske Bank
Danske Research notes that Norway’s March core inflation remained at 3.0% year-on-year, slightly below consensus and in line with Norges Bank’s projection, while headline inflation printed at 3.6% year-on-year.
USD/NOK
Fxstreet
Mon, Apr 13
EUR/USD: Hungarian politics offer near-term support – ING
ING’s Chris Turner writes that EUR/USD was pressured in Asia by higher Oil after failed peace talks, but notes the pair is holding above 1.1600.
EUR/USD
Fxstreet
Mon, Apr 13
ECB: Earlier hikes as core risks rise – Societe Generale
Societe Generale economists Anatoli Annenkov, Michel Martinez, Fabien Bossy and Sam Cartwright argue that upside risks to Euro area core inflation justify bringing forward European Central Bank rate hikes.
Fxstreet
Mon, Apr 13
HUF: Election outcome boosts Forint as EU risk recedes – Danske Bank
Danske Research Team reports that Hungary’s election delivered a decisive victory for Péter Magyar’s pro‑EU Tisza party over Viktor Orban’s Fidesz, easing concerns about future EU budget and Ukraine aid negotiations.
EUR/HUF
Fxstreet
Mon, Apr 13
Iran criticizes US for blockade of vessels
According to a report from the Iranian state media Islamic Republic of Iran Broadcasting (IRIB), a spokesperson from Iran’s Khatam al-Anbiya Central Headquarters said during European trading hours on Monday that Tehran condemns the United States (US) intentions to blockade vessels entering and exiti
Fxstreet
Mon, Apr 13
Macroeconomics: Stagflation Risks at Imf and World Bank
DBS Group Research’s Philip Wee argues that stagflation will dominate the agenda at the International Monetary Fund (IMF) and World Bank Spring Meetings following President Trump’s Strait of Hormuz blockade.
Fxstreet
Mon, Apr 13
EUR: Political shift fails to lift currency – Rabobank
Rabobank’s Global Daily notes the Euro is weaker in early Asian trading despite a decisive victory for Peter Magyar’s pro‑EU Tisza party over Viktor Orban’s Fidesz in Hungary.
EUR/USD
Fxstreet
Mon, Apr 13
EUR/HUF: Regime change supports forint outlook – Commerzbank
Commerzbank’s Tatha Ghose highlights that Hungary’s election delivered a supermajority for Peter Magyar’s Tisza party, easing transition risks and opening scope for structural reforms.
EUR/HUF
Fxstreet
Mon, Apr 13
Forex Today: Safe-haven demand returns as US-Iran talks collapse
Here is what you need to know on Monday, April 13:
Fxstreet
Mon, Apr 13
Turkey Current Account Balance registered at $7.501B above expectations ($-7.5B) in February
Turkey Current Account Balance registered at $7.501B above expectations ($-7.5B) in February
USD/TRY
Fxstreet
Mon, Apr 13
Turkey Current Account Balance came in at $-7.501B, below expectations ($-7.5B) in February
Turkey Current Account Balance came in at $-7.501B, below expectations ($-7.5B) in February
USD/TRY
Fxstreet
Mon, Apr 13
BoJ’s Ueda: Rising oil prices worsen Japan's trade
Bank of Japan (BoJ) Governor Kazuo Ueda said in his prepared remarks in a speech during the European trading session on Monday that the economic recovery is modest in the wake of the war in the Middle East.
Fxstreet
Mon, Apr 13
Brent: Supply disruption risk supports higher prices – MUFG
MUFG’s Senior Currency Analyst Michael Wan notes that Trump’s announcement of a blockade of the Strait of Hormuz, following failed US–Iran talks, pushed Brent Oil up 9% to US$103 per barrel.
Fxstreet
Mon, Apr 13
Equities: Risk-off open expected on US‑Iran setback – Danske Bank
Danske Research Team expects equity markets to open more than 1% lower, tracking Asian losses after US‑Iran talks failed and Brent crude gapped higher.
Fxstreet
Mon, Apr 13
Asian stocks drop as US-Iran peace talks break, US closes Hormuz
Most Asian equity indexes are trading lower on Monday, as this weekend’s peace talks between the US and Iran ended without agreement, and US President Donald Trump affirmed that the US military will enforce a blockade in the Strait of Hormuz.
Fxstreet
Mon, Apr 13
EUR/CAD caps near 1.6200 as Euro struggles due to risk-off mood
EUR/CAD holds position after paring its intraday losses, trading around 1.6200 during the Asian hours on Monday. However, the currency cross still remains in the negative territory as the Euro (EUR) struggles amid increased risk aversion after the failure of the United States (US)-Iran peace talks.
Fxstreet
Mon, Apr 13
US President Trump: Blockade on Iranian Ports to begin officially on April 13 at 10:00 A.M. ET
United States (US) President Donald Trump confirms, through a post on Truth.Social, the blockade on ships entering to and exiting from Iranian ports will officially begin today, April 13, at 10:00 AM ET (14:00 GMT).
Fxstreet
Mon, Apr 13
Hungary election: A landslide win for Magyar’s Tisza party, ending Orban’s 16-year rule
In a parliamentary election in Hungary on Sunday, Péter Magyar, leader of the nation’s center-right opposition Tisza party, defeated veteran incumbent Prime Minister Viktor Orbán in a landslide victory.
EUR/USD
Fxstreet
Mon, Apr 13
Japan Money Supply M2+CD (YoY) increased to 2% in March from previous 1.7%
Japan Money Supply M2+CD (YoY) increased to 2% in March from previous 1.7%
Fxstreet
Mon, Apr 13
US President Trump considers limited strikes on Iran after talks collapse - WSJ
Citing officials and people familiar with the situation, the Wall Street Journal (WSJ) reported on Monday that White House advisers are considering resuming limited military strikes in Iran along with the US blockade of the Strait of Hormuz as a way to break a deadlock in peace talks.
WTI
Fxstreet
Sun, Apr 12
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