Citigroup Revises BOJ Interest Rate Hike Forecast to June 2026

Citigroup now expects the Bank of Japan to implement an interest rate hike in June 2026, moving earlier from their prior forecast of July. This adjustment signals a shift in monetary policy timing that could impact currency markets.

Date: 01.05.2026 | Source: FOR-EX.NEWS

Citigroup Predicts BOJ to Implement Semiannual Rate Hikes Starting June

Citigroup anticipates that the Bank of Japan will begin raising interest rates approximately every six months starting from June. This outlook signals a shift in the BOJ's monetary policy stance, potentially impacting global financial markets.

Date: 01.05.2026 | Source: FOR-EX.NEWS

US National Debt Exceeds Entire GDP for First Time Since WWII

The United States national debt has surpassed the total size of the country's GDP, marking the first time this has occurred since World War II. This milestone highlights growing concerns about fiscal sustainability and economic policy.

Date: 01.05.2026 | Source: FOR-EX.NEWS

BOJ Money Market Data Indicates Possible FX Market Intervention on Thursday

Recent money market data from the Bank of Japan suggests that the central bank may intervene in the foreign exchange market this Thursday. Such intervention typically aims to influence the yen's value amid volatility or significant currency movements.

Date: 01.05.2026 | Source: FOR-EX.NEWS

BOJ Data Reveals Money Market Shortfall Nearly Double Forecasts at 9.48 Trillion Yen

The Bank of Japan reported an expected shortfall of 9.48 trillion yen in money market conditions, significantly exceeding prior forecasts of up to 4.5 trillion yen. This indicates tighter liquidity conditions in Japan's financial system than anticipated.

Date: 01.05.2026 | Source: FOR-EX.NEWS

Canadian Dollar stands firm on elevated Oil prices; USD/CAD struggles below 1.3600

Canadian Dollar stands firm on elevated Oil prices; USD/CAD struggles below 1.3600

Date: 01.05.2026 | Source: fxstreet.com

JPMorgan Lowers Turkey 2026 GDP Forecast Amid Middle East Conflict

JPMorgan has reduced its GDP growth forecast for Turkey in 2026 from 4.0% to 3.4%, citing the adverse effects of the ongoing Middle East conflict. The downgrade reflects concerns over regional instability impacting Turkey's economic outlook.

Date: 01.05.2026 | Source: FOR-EX.NEWS

UK Manufacturing PMI for April Slightly Beats Estimates at 53.7

The UK Manufacturing PMI for April was finalized at 53.7, marginally above the estimated 53.3 and previous 53.6. The reading indicates continued expansion in the manufacturing sector. This data is relevant for assessing the UK's economic health and can impact currency markets.

Date: 01.05.2026 | Source: FOR-EX.NEWS

USD/CHF hesitates above 0.7800 despite weak Swiss Retail Sales data

USD/CHF hesitates above 0.7800 despite weak Swiss Retail Sales data

Date: 01.05.2026 | Source: fxstreet.com

ECB May Raise Interest Rates in June Unless Economic Outlook Improves, Says Bundesbank President

Bundesbank President Joachim Nagel indicated that the European Central Bank could increase interest rates in June if the economic outlook does not show improvement. This signals a cautious approach to monetary policy amid uncertain economic conditions.

Date: 01.05.2026 | Source: FOR-EX.NEWS

Quotes

Instrument Price Change (%)
EURUSD 1.173720 +0.054557%
GBPUSD 1.359780 -0.043371%
USDJPY 156.611000 +0.031298%
XAUUSD 4564.350000 -1.24868%
USDCAD 1.357720 -0.026508%
NZDUSD 0.589060 -0.28439%
USDCHF 0.781400 +0.049935%
AUDUSD 0.718760 -0.18609%
EURGBP 0.863160 +0.097412%
EURJPY 183.840000 +0.045168%
GBPJPY 212.964000 +0.01268%
AUDJPY 112.561000 -0.097629%
CADJPY 115.363000 +0.099785%
CHFJPY 200.474000 +0.042418%
NZDJPY 92.252000 -0.23791%
GBPCHF 1.062380 +0.032014%
EURCHF 0.917100 +0.087308%
USDMXN 17.472000 +0.15477%
USDZAR 16.746500 +0.27844%
USDTRY 45.174500 +0.001771%
USDRUB 74.926000 +0.054751%
USDSEK 9.242500 +0.18329%
USDCNY 6.826800 +0%

Upcoming Important Events

Time Country Event Forecast Previous
01.05.2026
14:00 🇺🇸 ISM Manufacturing PMI (Apr) 53 52.7
05.05.2026
04:30 🇦🇺 Interest Rate Decision (May) 4.1
14:00 🇺🇸 ISM Non-Manufacturing PMI (Apr) 54 54
14:00 🇺🇸 ISM Non-Manufacturing Prices (Apr) 70.7
14:00 🇺🇸 ISM Services PMI (Apr) 54 54
14:00 🇺🇸 JOLTs Job Openings (Mar) 7 6.882
06.05.2026
14:00 🇨🇦 Ivey PMI (Apr) 47 49.7
07.05.2026
01:30 🇦🇺 Balance of Trade (Mar) 4 5.686
08.05.2026
12:30 🇺🇸 Non Farm Payrolls (Apr) 73 178
12:30 🇨🇦 Unemployment Rate (Apr) 6.7 6.7