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US President Trump: If Iran doesn't agree, bombing starts at much higher level
"Assuming Iran agrees to give what has been agreed to, which is, perhaps, a big assumption, the already legendary Epic Fury will be at an end, and the highly effective blockade will allow the Hormuz Strait to be open to all, including Iran," United States (US) President Donald Trump said in a post pFxstreet
Wed, May 6
EUR/RON: Political crisis drives volatility spike – Commerzbank
Commerzbank’s Tatha Ghose highlights a sharp rise in Leu volatility after Romania’s government lost a no-confidence vote, leaving Prime Minister Ilie Bolojan as caretaker. The pro‑EU coalition’s collapse clouds prospects for fiscal consolidation and EU funds.Fxstreet
Wed, May 6
PLN: NBP seen ending easing cycle with rates on hold – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad expects the National Bank of Poland (NBP) to keep its policy rate at 3.75% for a second consecutive meeting, effectively signalling an end to its 200 bps easing cycle over the past year.Fxstreet
Wed, May 6
EUR/NOK: Norges Bank stance supports gradual downside – Commerzbank
Commerzbank’s Antje Praefcke expects Norges Bank to keep rates at 4.0% but maintain a distinctly hawkish tone compared with the Riksbank. With Norwegian inflation above target, the bank projects one or two hikes by year-end and may act in June if Iran-related risks persist.
Fxstreet
Wed, May 6
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