BofA extended its bullish USD view and forecasts into Q3 2026, staying short EUR/USD on its base case of three Fed rate hikes this year, and revised its year-end 2026 EUR/USD forecast down to 1.15 (prev. 1.20)

UK FCA Consumer Finance Director confirms that buy now pay later products will come under formal regulation in July

BofA now expects the BoE to hold rates in 2026, with one 25bps cut to 3.5% in November 2027 (revising its previous call of two 2026 hikes and three 2027 cuts); adds that a hike this year remains a close call on re-escalation risks

BofA extended its bullish USD view and forecasts into Q3 2026, staying short EUR/USD on its base case of three Fed rate hikes this year, and revised its year-end 2026 EUR/USD forecast down to 1.15 (prev. 1.20)

Dollar Tree (DLTR) trades with losses of over 5% in premarket trade on reports that Mantle Ridge has filed to sell 1.12mln shares for USD 133.1mln

Saudi Arabia is reportedly set to restart Ras Tanura (550k BPD) oil exports as Gulf flows rise