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About: josephine

Recent Posts by josephine

Hungarian Forint Faces Depreciation as Government Prioritises Lower Yields Ahead of MNB Decision

Post-election Hungarian positions look stretched; markets await MNB decision as government targets cheaper debt, not forint strength.

Euro and sterling slip as US yields and energy prices widen transatlantic rate gap

Euro and sterling down 0.9% versus dollar as energy prices, yield gaps, and Fed expectations shift.

USD/JPY hovers near 159 as PMI weakens and intervention threat caps gains at 160

USD/JPY nears 159 as intervention risk looms; softer PMI contrasts with rising BoJ hike expectations.

Eurozone Consumer Confidence Beats Forecast, Easing ECB Rate-Cut Prospects and Supporting Euro, Equities

Eurozone consumer confidence beat forecasts in May, improving to -19 versus expectations of -20.8.

US flash PMI holds steady as manufacturing outperforms and services soften, raising Fed policy questions

May flash US Composite PMI held at 51.7; manufacturing surged, services softened, indicating slower overall growth.

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