Central banks to stay on hold

Central banks to stay on hold

Continuing the theme of recent weeks, conflict in the Middle East provided the dominant catalyst for FX price action over the week just gone. As of writing late on Friday, the dollar enters the weekend having chalked up a net gain, with a lack of progress in peace negotiations between the US and Iran pushing up oil prices and weighing on risk sentiment. With all eyes on the talks in Pakistan, other data catalysts were largely overshadowed, with …