April 1, 2026 10:03 am
Key Moments EUR/GBP traded around 0.8725 on Wednesday, down 0.10% as Pound Sterling stayed supported by expectations of tighter UK monetary policy. Eurozone HCOB Manufacturing PMI for March was revised up to 51.6, the strongest level in 44 months, with gains led by Germany and Italy. Preliminary Eurozone annual inflation for March came in below […]
Read moreApril 1, 2026 9:09 am
Key Moments Microsoft is expected to commit $5.5 billion to cloud and artificial intelligence infrastructure in Singapore through 2029, according to the Wall Street Journal. The reported investment outlines a long-term build-out of technology capabilities in the Singapore market. Microsoft did not immediately respond to a Reuters request for comment on the reported plans. Reported […]
Read moreApril 1, 2026 8:42 am
Key Moments Bitcoin increased nearly 2% to $68,807.8, leading broader crypto gains as risk appetite improved. Statements from U.S. President Donald Trump about ending military operations in Iran in 2-3 weeks lifted market sentiment, though uncertainty over the Strait of Hormuz remained. A new Google research paper warned that Bitcoin’s elliptic curve cryptography could be […]
Read moreApril 1, 2026 8:33 am
Key Moments GBP/JPY climbed back into the mid-210.00s after touching a nearly four-week low the previous day. Reduced safe-haven demand for the Japanese Yen on Iran de-escalation hopes supported the cross. Concerns over potential Japanese FX intervention and UK economic risks limited the upside for GBP/JPY. Cross Recovers After Testing Multi-Week Lows The GBP/JPY pair […]
Read moreApril 1, 2026 7:00 am
Key Moments EU energy commissioner warned that oil and gas prices in Europe will not return to normal levels in the foreseeable future, even if the war involving Iran ends immediately. Gas prices in Europe have risen about 70% and oil prices about 60%, lifting the EU’s fossil fuel import bill by €14bn since the […]
Read moreApril 1, 2026 6:02 am
Key Moments WTI trades near $98.60 per barrel in Asian hours after a drop of more than 4% in the previous session. UAE officials seek a UN Security Council mandate for a multinational mission to secure the Strait of Hormuz. OPEC output in March fell by 7.3 million bpd to 21.57 million bpd, the lowest […]
Read moreMarch 31, 2026 1:30 pm
Key Moments TD Securities characterizes recent AUD/NZD softness as a short-term correction within an existing upward trend. The firm highlights supportive 2-year rate differentials and a high-frequency fair value model indicating AUD is undervalued versus NZD. Strategists favor bullish AUD/NZD exposure and point to 3-month seagull option structures as a potential diversification tool. TD Securities […]
Read moreMarch 31, 2026 12:42 pm
Key Moments Nvidia has invested $2 billion in Marvell Technology, according to a joint statement. Marvell will become part of the Nvidia AI ecosystem as a result of the agreement. The companies said on Tuesday that the investment and partnership are aligned around artificial intelligence. Overview of the Investment On March 31, Nvidia disclosed a […]
Read moreMarch 31, 2026 11:59 am
Key Moments GBP/JPY attempted to recover after Monday’s sharp decline but remained capped below the 211.00 level. Official warnings from Japanese authorities about “very speculative” Yen moves supported JPY and limited aggressive short positions. Technical signals stayed bearish, with GBP/JPY trading near 210.79 and downside levels around 210.21 and 208.50 in focus. GBP/JPY Holds Defensive […]
Read moreMarch 31, 2026 11:30 am
Key Moments USD/KRW traded around 1,529.70, up 0.93%, after touching 1,536.04 – its highest level since March 2009. The Bank of Korea stated it is closely monitoring FX markets for “clear herd-like behaviour” but is not aiming for any specific exchange rate level. The US Dollar Index hovered near 100.50, signaling that the USD/KRW spike […]
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