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WTI inches lower to near $99.00 despite broadening Middle East conflict
West Texas Intermediate (WTI) oil price edges lower after three days of gains, trading around $98.90 per barrel during the Asian hours on Monday. However, crude oil prices may recover on supply concerns as expectations for a quick resolution to the Iran conflict continue to fade.
EUR/JPY falls to near 184.00 as BoJ Ueda’s comments lift Japanese Yen
EUR/JPY depreciates after registering small gains in the previous trading day, hovering around 184.00 during the Asian hours on Monday. The currency cross weakens as the Japanese Yen (JPY) firms following remarks from the Bank of Japan (BoJ) Governor Kazuo Ueda.
Fxstreet
Mon, Mar 30
Boj’s Ueda: Fx Moves Are Among Factors That Have Huge Impact on Japan's Economy, Prices
Bank of Japan (BoJ) Governor Kazuo Ueda said during Asian trading hours on Monday, after the release of the central bank’s Summary of Opinions, that changes in the foreign exchange (FX) market are key factors that have a huge impact
Fxstreet
Mon, Mar 30
Thai Baht: War-driven pressures challenge BOT stance – DBS
DBS Group Research economist Chua Han Teng highlights that Thailand’s financial markets, particularly the Thai Baht (THB) and equities, are under pressure due to vulnerability to Middle East conflict-related commodity shocks.Fxstreet
Fri, Mar 27
Philippines: Extended pause view after BSP off-cycle move – UOB
UOB’s Global Economics & Markets Research, via Julia Goh and Loke Siew Ting, notes that the central bank of the Philippines, Bangko Sentral ng Pilipinas (BSP) kept the RRP (Reverse Repurchase Rate) rate at 4.25% in an off-cycle meeting as supply-driven inflation and Middle East risks intensify.Fxstreet
Fri, Mar 27
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