GBP/USD rose to 1.3515 as UK CPI hit 3.3% and monthly inflation beat forecasts in March.
USD/CAD steady mid-range as USD weakens; CAD near fair value, oil helps slightly; bearish trend persists.
Nomura: higher energy costs will hurt eurozone growth more than fuel persistent inflation, amid slack and slower wages.
Brent crude nears $100 as Hormuz disruption persists, risking low inventories, weakening demand, higher inflation, slower growth.
Canada’s New Housing Price Index fell 2.3% year-on-year in March, accelerating slightly from February’s 2.1% decline.
Societe Generale’s Kit Juckes sees EUR/USD range-bound near 1.14, with potential rise toward 1.20 soon.
Commerzbank warns Warsh may face Trump pressure, doubt AI disinflation, and foresee premature Fed rate cuts.
USD/JPY climbed to 159.64 then closed 159.37; momentum steady, support 159.00/158.75, capped below 162.00 range.
EUR/USD holds near 1.1745 as dollar softens; traders eye ECB decision; bullish bias above key support.
GBP/USD rose near 1.3515 after UK inflation met forecasts; markets weighed BoE outlook and strong US retail sales.
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