技術分析

ING strategist Frantisek Taborsky reports that volatility in core rates and high Oil and gas prices are driving elevated tightening expectations across CEE, with roughly 125bp priced for Poland and the Czech Republic.

The Australian Dollar (AUD) ticks up against the US Dollar (USD) on Friday but remains on track to a 1.3% weekly decline, to complete a three-week losing streak.

Commerzbank’s Tatha Ghose notes the National Bank of Hungary paused cuts at 5.50% but lowered its medium‑term inflation target to 2.5% while simultaneously lifting 2027 inflation forecasts.

Standard Chartered’s Christopher Graham examines whether the Bank of England will feel pressured to follow the Federal Reserve’s September rate hike. He notes that Fed tightening alone does not force the BoE to act and stresses the role of UK data and market credibility.

The British Pound (GBP) trades with caution against its major currency peers on Friday. Against the US Dollar (USD), it is marginally up at around 1.3220 during the European session, but is close to its almost three-month low of 1.3200.

The Euro (EUR) remains practically flat against the US Dollar on Friday, trading within a tight range around 1.1380, after dropping 0.8% this week and nearly 2% over the last two weeks.

NZD/USD holds gains after experiencing volatility, trading around 0.5660 during European hours on Friday. The currency pair holds gains as the US Dollar (USD) struggles despite market caution amid persistent hawkish sentiment surrounding the Federal Reserve’s monetary policy outlook.

OCBC strategists Sim Moh Siong and Christopher Wong note that Gold remains under near-term pressure after briefly slipping below 4250 before rebounding modestly.

Here is what you need to know on Friday, September 25: