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FX Daily: Risk resilience and month-end flows restraining USD

April 28, 2026
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Posted 3 hours ago by

The dollar isn’t shining despite higher oil prices. The resilience in equities and month-end flows are, in our view, the main causes. Markets will be awaiting more headlines on whether an interim deal is a possibility while preparing for the FOMC meeting and big tech earnings tomorrow. The Bank of Japan kept rates on hold as expected, with a hawkish bias

ING Think
ING Think

Coverage and analysis from Netherlands. All insights are generated by our AI narrative analysis engine.

Netherlands
Bias: center

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