Markets The ECB as expected paused the hiking cycle it started in July last year by leaving its deposit rate unchanged at 4% as recent information confirmed its assessment on the inflation outlook. Inflation is still seen staying too high for too long, but price rises dropped markedly. This was not only driven by base-effects […]
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USD/JPY is holding near 156.83 on Friday. Despite heightened volatility in recent sessions, the yen is set to end the week broadly unchanged. Fears of intervention and Tokyo’s firm rhetoric have failed to support a Read more…
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In focus today The key release today is the US April jobs report. We expect a solid report with NFP growth of 80k and unemployment rate unchanged at 4.3%. High-frequency indicators have generally been strong Read more…