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EUR/GBP eases despite stronger Eurozone inflation data
The Euro (EUR) trades under mild pressure against the British Pound (GBP) on Tuesday as traders reassess the monetary policy outlook for major central banks amid inflation concerns tied to higher Oil prices driven by the US-Iran conflict.
Fxstreet
15 minutes ago
Sterling slides as Middle East conflict lifts oil prices, muddies rate outlook
By Niket Nishant LONDON, March 3 (Reuters) - The British pound tumbled to its lowest in three months on Tuesday as the intensifying conflict in the Middle East drove oil prices higher, rekindling inflation fears and prompting traders to trim rate-cut bets.The currency GBP=D3 slipped 0.65% agains...Reuters
an hour ago
Oil shock could strain emerging markets beyond inflation, analysts say
By Kanchana Chakravarty and Rashika Singh March 3 (Reuters) - The war in Iran and the resulting surge in energy prices will impact emerging markets well beyond inflation to broader pressures on external balances, currencies and capital flows, analysts warn. Brokerages, including J.P...Reuters
an hour ago
FOREX-Dollar advances as Middle East tensions spur flight to safety
Yen and euro hit by energy import concerns Dollar rises due to safe-haven demand Japanese finmin puts market on notice of possible currency interventionBy Niket Nishant and Rocky Swift LONDON/TOKYO, March 3 (Reuters) - The U.S. dollar extended gains on Tuesday as the deepening conflict in the Mi...Reuters
2 hours ago
JPMorgan moves EMEA emerging market FX to 'marketweight' amid Middle East troubles
LONDON, March 3 (Reuters) - Investment bank JPMorgan's analysts moved EMEA emerging market FX to 'marketweight' on Tuesday amid escalating tensions in the Middle East, and added Poland's zloty to their list of 'underweight' currencies."The CEE region is one of the more ex...Reuters
2 hours ago
FOREX-Dollar advances as Middle East tensions spur flight to safety
Yen and euro hit by energy import concerns Dollar rises due to safe-haven demand Japanese finmin puts market on notice of possible currency interventionBy Niket Nishant and Rocky Swift LONDON/TOKYO, March 3 (Reuters) - The U.S. dollar extended gains on Tuesday as the deepening conflict ...Reuters
4 hours ago
Swedish Riksbank's Thedeen says Middle East impact on March rate decision unclear
STOCKHOLM, March 3 (Reuters) - Swedish central bank Governor Erik Thedeen said on Tuesday it is too early to say what effect the situation in the Middle East will have on the Riksbank's monetary policy this month.The Riksbank, which targets 2% inflation, is due to announce its next policy decisi...Reuters
4 hours ago
Swedish Riksbank's Thedeen says Middle East impact on March rate decision unclear
STOCKHOLM, March 3 (Reuters) - Swedish central bank Governor Erik Thedeen said on Tuesday it is too early to say what effect the situation in the Middle East will have on the Riksbank's monetary policy this month.Reuters
4 hours ago
EMERGING MARKETS-EM stocks, FX drop to three-week lows as Middle East war fuels inflation fears
Stocks drop 3.2%, FX down 0.8%Hungary's forint falls 1.6% against the euroPoland's benchmark WIG20 index tumbles Turkish inflation in-line with estimatesBy Twesha Dikshit March 3(Reuters) - Emerging market equities and currencies extended losses on Tuesday to three-week lows as the U....Reuters
5 hours ago
EUR/CHF: SNB signals readiness to curb Franc strength – MUFG
MUFG’s Senior Currency Analyst Lee Hardman notes the Swiss Franc has failed to benefit from safe-haven demand, as the Swiss National Bank signalled a greater willingness to intervene in FX markets. The SNB’s statement lifted EUR/CHF back above 0.9100 after a 0.9025 low.Australian Dollar hangs near trading range support vs. USD as focus shifts to Aussie GDP
The AUD/USD pair attracts fresh sellers following an intraday uptick to the 0.7120-0.7125 region and extends its steady intraday descent through the first half of the European session on Tuesday.Fxstreet
5 hours ago
Eurozone flash headline HICP rises at a faster pace of 1.9% in February
Annual Harmonized Index of Consumer Prices (HICP) in the Eurozone, as measured by changes in the prices of a representative basket of goods and services in the European Monetary Union, rises at a faster pace of 1.9% in February, against estimates and the previous reading of 1.7%.Fxstreet
7 hours ago
