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BoE set to keep interest rate steady as war-related energy shock clouds inflation outlook
The Bank of England (BoE) is on track to leave the benchmark Bank Rate unchanged at 3.75% for the second meeting in a row on Thursday, as the macro context has completely shifted in the past three weeks.
Fxstreet
Thu, Mar 19
EUR/CHF: SNB focus shifts to strong franc – Commerzbank
Commerzbank’s Michael Pfister argues that, with Swiss inflation low and the 2022/2023 shock unlikely to repeat, the SNB is now more worried about a strong franc than inflation. Market pricing implies almost one hike by year-end, but the bank may prioritize FX stability.
Fxstreet
Thu, Mar 19
US Dollar Index Remains Subdued near 100.00 Despite Hawkish Fed Outlook
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, loses ground after registering nearly 0.75% gains in the previous session and is trading around 100.10 during Asian hours on Thursday.
Fxstreet
Thu, Mar 19
Breaking: Australia’s Unemployment Rate climb to 4.3% in February vs. 4.1% expected
Australia’s Unemployment Rate rose to 4.3% in February from 4.1% in January, according to the official data released by the Australian Bureau of Statistics (ABS) on Thursday. The figure came in above the market consensus of 4.1%.Fxstreet
Thu, Mar 19
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