USD: Fed focus shifts to inflation path – TD Securities

TD Securities’ FX strategists Jayati Bharadwaj and Howard Du note that stronger United States (US) payrolls produced only a modest reaction in the US Dollar (USD), as markets focus more on inflation than labor data.
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Brent: Risk premium persists after Iran conflict – Commerzbank

Commerzbank strategists expect Brent to retain a significant risk premium even if a US–Iran agreement is reached and the Strait of Hormuz reopens.
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