Dollar slides after US–Iran truce reopens Hormuz; risk-on, lower yields pressure DXY ahead of FOMC decision.
BBH expects Riksbank to hold 1.75%, reject 2024 hike pricing, weakening SEK; suggests derivatives trades accordingly.
BBH expects Riksbank to hold 1.75%, discourage hike pricing, extending hold outlook and weakening Swedish krona.
BBH expects BoE hold, split vote, November hike; GBP/USD seen falling amid stronger US growth and UK politics.
Eurozone output rose just 0.1% in April, missing forecasts, reinforcing weak manufacturing, dovish ECB expectations.
Eurozone industrial production rebounds to 0.3% growth, signaling recovery hopes and shifting strategies toward Europe.
USD/CHF dips to 0.7930 but holds an ascending channel; key supports 0.7920/0.7881, resistance 0.8042/0.8060.
EUR/GBP nears one-week highs as risk sentiment improves; hawkish ECB rhetoric contrasts with upcoming BoE decision.
Turkey’s May budget deficit narrowed to TRY 298.2bn, supporting stabilization, lira resilience, equities, and tighter spreads.
BBH expects RBA to hold at 4.35%, pause amid soft data, favoring AUD/USD downside below 0.7000.
Hello there 👋
On hold
Hello there 👋
Scan the QR code with your smartphone to start a chat with us, or click here.
Don’t have the Telegram App or Desktop installed? Use Web Telegram instead.
