CBRT governor

The Lira was stable but underperforming other emerging market currencies on Thursday after the Turkish central bank said its cash rate is likely to remain at 19% until a “significant fall” in inflation has been achieved, leaving the Turkish currency at the beck and call of global bond markets.

May 6,2021

Olsen Norges Bank

The Norwegian Krone lifted from two week lows against the Dollar and Pound on Thursday after the Norges Bank reiterated its intention to begin lifting interest rates later this year, although it continued to make that commitment contingent upon “clear signs that economic conditions are normalising.”

May 6,2021

NOK

The Norwegian Krone was again an underperformer among major currencies ahead of Thursday’s monetary policy decision from the Norges Bank, which could be more of an upside risk to the oil-linked currency than is commonly appreciated.

May 5,2021

Yellen

The Dollar remains well supported in the wake of comments overnight from a senior U.S. official that warned of the need for higher interest rates in the U.S. to prevent the economy from overheating.

May 5,2021

Euro to dollar week ahead forecast

The Euro-to-Dollar exchange rate entered the new week appealing for dip buyers to salvage its earlier recovery after a U.S. Dollar power surge asked fresh questions of the short-term outlook for the single currency.

May 3,2021

Exchange rates

The Euro has advanced against a broadly weaker U.S Dollar over the course of the past 24 hours, with analysts saying the door is ajar to a fresh test of the 2021 high.

April 29,2021

Euro to be supported by flows

Foreign exchange strategists at investment bank Nomura are forecasting a rally higher in the Euro against the Dollar driven by positive portfolio flows over coming weeks and months.

April 28,2021

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