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BoE’s Breeden: Iran war raises the odds of market stresses combining
Bank of England Deputy Governor Sarah Breeden said in a program in the United States (US) during the European trading session on Friday that the ongoing war in the Middle East has raised the odds of market stresses combining.
Fxstreet
Fri, Apr 17
ECB: Market seen overpricing hikes – Commerzbank
Commerzbank analysts note that recent dovish comments from key European Central Bank (ECB) officials have left forwards pricing only modest near-term moves but still more than two hikes for 2026.
Fxstreet
Fri, Apr 17
Equities: Correlated rally faces macro headwinds – BNY
BNY’s Head of Markets Macro Strategy Bob Savage notes that global equities have rebounded to near-record levels on strong Q1 earnings optimism and a ceasefire-driven improvement in risk sentiment.
Fxstreet
Fri, Apr 17
EUR/SEK: Forecast profile kept unchanged – Danske Bank
Danske Research Team keeps its EUR/SEK outlook unchanged. The cross is currently trading comfortably around 10.80, with NOK/SEK back above 0.98.
EUR/SEK
Fxstreet
Fri, Apr 17
Italy Trade Balance EU increased to €-0.652B in February from previous €-1.138B
Italy Trade Balance EU increased to €-0.652B in February from previous €-1.138B
Fxstreet
Fri, Apr 17
Eurozone Current Account n.s.a: €21.09B (February) vs €13B
Eurozone Current Account n.s.a: €21.09B (February) vs €13B
Fxstreet
Fri, Apr 17
Eurozone Current Account s.a below forecasts (€29.8B) in February: Actual (€25B)
Eurozone Current Account s.a below forecasts (€29.8B) in February: Actual (€25B)
Fxstreet
Fri, Apr 17
Italy Global Trade Balance above forecasts (€3.83B) in February: Actual (€4.944B)
Italy Global Trade Balance above forecasts (€3.83B) in February: Actual (€4.944B)
Fxstreet
Fri, Apr 17
Forex Today: Markets cling to cautious stance despite Israel-Lebanon ceasefire
Here is what you need to know on Friday, April 17:
Fxstreet
Fri, Apr 17
GBP/USD: Gains capped as BoE stresses no urgency – DBS
Philip Wee at DBS Group Research observes that GBP/USD has struggled to extend its rise, stalling just below 1.36 as Bank of England (BoE) officials signal no urgency to raise rates at the April meeting.
GBP/USD
Fxstreet
Fri, Apr 17
Oil: Current shock less damaging than 1970s – Commerzbank
Commerzbank economists Jörg Krämer and Bernd Weidensteiner argue that despite a sharper fall in global oil production than during the 1970s crises, advanced economies should suffer less this time.
Brent
Fxstreet
Fri, Apr 17
AUD/USD: Pullback within broader upside risk – UOB
United Overseas Bank’s (UOB) strategists Quek Ser Leang and Lee Sue Ann note AUD/USD has retreated from a spike to 0.7197, with intraday action expected to stay in a 0.7130–0.7180 band.
AUD/USD
Fxstreet
Fri, Apr 17
Asian stocks fall due to on US–Iran ceasefire doubts, profit-taking
Asian equities decline on Friday as investor sentiment turned cautious regarding the prospects of a lasting US–Iran ceasefire agreement. Additionally, traders engaged in profit-taking after a strong rally fueled by increasing optimism about a potential resolution to the US–Iran conflict.
Fxstreet
Fri, Apr 17
BoJ’s Ueda: Central bank must take into account Japan's low real rates in setting policy
Bank of Japan (BoJ) Governor Kazuo Ueda said that a decision on how soon to raise interest rates must take into account the fact that the nation's real interest rate is low, Reuters reported on Friday.
USD/JPY
Fxstreet
Fri, Apr 17
G7 finance leaders warn of growing economic risks from the Middle East war
Finance ministers from the Group of Seven (G7) on Friday emphasized the urgent need to limit the economic repercussions of an ongoing Middle East conflict, highlighting a commitment to pursuing enduring peace.
Brent
Fxstreet
Fri, Apr 17
China: Growth resilience and delayed easing – UOB
UOB economist Ho Woei Chen assesses China’s stronger 1Q26 Gross Domestic Product (GDP) data and its implications for policy. Despite real GDP rising 5.0% year-on-year, the team keeps its 2026 growth forecast at 4.7% due to external headwinds and weak domestic demand.
Fxstreet
Thu, Apr 16
New Zealand Electronic Card Retail Sales (MoM) dipped from previous 1.4% to 0.7% in March
New Zealand Electronic Card Retail Sales (MoM) dipped from previous 1.4% to 0.7% in March
NZD/USD
Fxstreet
Thu, Apr 16
New Zealand Electronic Card Retail Sales (YoY): 2.7% (March) vs 1.5%
New Zealand Electronic Card Retail Sales (YoY): 2.7% (March) vs 1.5%
NZD/USD
Fxstreet
Thu, Apr 16
USD/MYR: Testing key supports on softer USD – OCBC
OCBC’s strategists Sim Moh Siong and Christopher Wong observe USD/MYR nearing key support as markets price optimism over US–Iran negotiations and a softer US Dollar (USD).
Fxstreet
Thu, Apr 16
CNY: Gradual appreciation path under policy control – Commerzbank
Commerzbank’s Volkmar Baur says China’s 5.0% growth, despite weak investment and retail sales, underscores reliance on external demand, keeping authorities wary of strong CNY appreciation.
USD/CNH
Fxstreet
Thu, Apr 16
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