Standard Chartered expects BoE to hold 3.75% on April 30, pausing this year amid uncertainty and risks.
GBP/USD slipped toward 1.3500 as investors awaited Fed and BoE decisions amid inflation uncertainty.
US Energy Secretary Chris Wright said Trump seeks right Iran deal; no export ban; Europe accords Tuesday.
India’s industrial output grew 4.1% in March, slightly missing forecasts of 4.2%, indicating marginally weaker growth.
India’s manufacturing output rose 4.3% in March, slowing from 6% previously, signaling weaker growth momentum overall.
India’s industrial output growth held steady at 4.1% in March, official Index of Industrial Production data showed.
NZD/USD slipped below 0.5900 as stronger safe-haven US Dollar, Fed outlook, and RBNZ expectations pressured.
Italy’s producer prices jumped 4.4% in March, reversing February’s 0.4% decline and signaling accelerating cost pressures.
Italy’s producer prices rose 4.2% in March, reversing a 2.7% annual fall and returning to growth.
Bank of Japan held rates at 0.75% amid dissent, Middle East risks, higher oil raising inflation forecasts.
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