Brown Brothers Harriman (BBH) analysts note GBP/USD has recovered part of its prior drop after a dovish Bank of England hold and heightened UK political uncertainty. The BOE kept rates at 3.75% but lowered the bar for further easing by tweaking guidance and cutting inflation forecasts.
European Central Bank (ECB) Governing Council (GC) member Martin Kocher delivered remarks on the Euro (EUR) rate in an event organized by the Club of Economic Journalists in Vienna, Austria.
Commerzbank's FX Research report by Tatha Ghose discusses the outlook for the Ruble amidst ongoing geopolitical tensions and sanctions. The report highlights a potential positive scenario if a peace deal between Russia and Ukraine is reached, which could lead to the lifting of some sanctions.