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GBP/USD: BoE hawkish tilt underpins Pound – ING
ING’s Francesco Pesole notes that the Bank of England surprised markets with a unanimous hold and strong guidance that it is ready to act against any inflation spike. Markets added substantial tightening by year-end, though ING views this as too aggressive.
Fxstreet
Fri, Mar 20
Australian Dollar weakens as Australian Unemployment Rate rises, PBOC holds rates steady
The AUD/USD pair trades in negative territory near 0.7080 during the Asian trading hours on Friday. The Australian Dollar (AUD) softens against the US Dollar (USD after Australia’s unemployment rate increased in February.
Fxstreet
Fri, Mar 20
Japan’s Takaichi: Trump and I Discussed Legal Limits to Japan's Help on Hormuz
Japanese Prime Minister Sanae Takaichi attempted to reiterate her support for US President Donald Trump on Thursday after the president this week seemed to complain that Japan was among the nations that did not quickly join his call to help protect the Strait of Hormuz.Fxstreet
Fri, Mar 20
Israel's PM Netanyahu says he 'acted alone' in attack on Iranian gas field
Israel's Prime Minister Benjamin Netanyahu said that Israel "acted alone" in attacking an Iranian gas field, as tensions rise over strikes on energy infrastructure across the region, BBC reported on Thursday.Fxstreet
Thu, Mar 19
EU urges halt to strikes on energy and water infrastructure amid Middle East supply risks
European Union (EU) leaders called for a moratorium on military strikes on energy and water facilities in the Middle East amid growing concerns about the impact of the Iran war on the global economy, Reuters reported on Thursday.Fxstreet
Thu, Mar 19
Europe: Growth resilience versus demographic drag – BNP Paribas
BNP Paribas highlights that Central European economies are holding up well despite a shrinking population and working-age cohort. The bank notes continued support from EU funds, strong productivity gains relative to wages, and a highly educated workforce.Fxstreet
Thu, Mar 19
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