About: josephine

Recent Posts by josephine

Commerzbank’s Ghose says USD/TRY could hit 55 by year-end as Turkey shuns hikes, using interventions

Commerzbank warns Turkey held rates, used FX interventions, as inflation rises, reserves fall, lira depreciation accelerates.

In April, Kansas Fed manufacturing activity in the United States edged down from 11 to 10

Kansas Fed manufacturing activity eased in April, with index slipping to 10 from 11, signaling slower expansion.

Nomura expects the ECB to hold the deposit rate at 2.00% on 30 April, through Q4 2027

Nomura sees ECB holding 2.00% until 2027, unless oil stays above $95, triggering hikes.

Though slightly weaker against the dollar, the pound outperforms G10 peers, buoyed by stronger UK PMI data

GBP dipped versus USD but outperformed G10 peers as UK PMIs beat forecasts, boosting BoE tightening expectations.

Amid Middle East tensions, NZD/USD slips to about 0.5875, with RBNZ hawkishness curbing losses

NZD/USD slipped to 0.5875 as Middle East tensions lifted the US Dollar; New Zealand inflation limited losses.

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