Russia Foreign Trade came in at $13.966B, above forecasts ($11.8B) in March

British Pound: Volatility focus shifts to politics – DBS

DBS Bank’s Philip Wee reviews recent FX volatility through the Pound, noting that GBP has been more resilient than EUR and CHF since Operation Epic Fury, helped by the UK’s lower exposure to the energy shock and higher policy rates.
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Norwegian Krone: Further upside potential versus SEK – Rabobank

Rabobank’s FX Strategy team notes that NOK/SEK has gained around 11% year-to-date as the Norwegian central bank turned more hawkish while the Riksbank stayed on hold. They highlight sticky inflation and Norway’s energy-exporter status as supportive for the Norwegian Krone.
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