Lagarde warned euro area inflation uncertainty rose after Middle East war, with upside risks from wages, expectations.
ICSG now expects copper deficits through 2026-2027, despite rising Chinese output, tightening markets and supporting prices.
GBP/JPY dipped to 215.05 as firmer Yen, easing oil fears; resistance 216.39, support 212.92.
Markets consolidate amid US-Iran ceasefire watch; oil under $100, stocks pause; BBH sees rangebound, bearish dollar.
GBP/USD retreated from near 1.3600; expected 1.3495–1.3555. Momentum fading; break below 1.3480 confirms reversal.
US-Iran talks weigh releasing $20bn frozen funds for uranium reduction, enrichment pause, and conflict-ending plan.
ING forecasts USD/CAD drifting lower by year-end on Fed cuts, despite muted Canadian support and USMCA risks.
NZD/USD slipped to 0.5885, below 0.5900, as markets eyed US-Iran talks and reduced rate-cut bets.
GBP/USD neared 1.3600 then reversed; range 1.3495–1.3555. Momentum weak; break below 1.3495 unlikely soon.
Canadian portfolio investment abroad increased to $25.36bn in February from $11.39bn, accelerating overseas buying pace.
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