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CAD Holds Firm Ahead of BoC, Fed Policy Decisions

April 29, 2026 6:38 am
Key Moments USD/CAD trades below 1.3700 during the Asian session, fluctuating between small gains and losses. Geopolitical tension surrounding US-Iran relations supports the safe-haven USD, while elevated Crude Oil prices bolster the Canadian Dollar. Investors await the Bank of Canada interest rate decision and the conclusion of the FOMC meeting for policy guidance. USD/CAD Steadies […] Read more

AUD Softens After CPI as Markets Await Fed Moves

April 29, 2026 6:11 am
Key Moments AUD/USD retreats toward the 0.7170 zone after Australian CPI data, staying capped below 0.7200. Headline CPI rises 1.4% in Q1, taking annual inflation to 4.1%, with Trimmed Mean CPI up 0.3% on the quarter and 3.5% year-on-year. Markets continue to price a higher probability of a 25 bps RBA hike in May as […] Read more

Google reportedly secures classified AI deal with Pentagon

April 28, 2026 7:45 am
Key Moments Google has reportedly signed a deal with the U.S. Department of Defense to deploy its AI models on classified networks for “any lawful government purpose.” The Pentagon has agreements worth up to $200 million each with Anthropic, OpenAI, and Google in 2025 to support classified artificial intelligence projects. Contract language cited in the […] Read more

NZD/USD Slips as Dollar Firms Ahead of Fed Decision

April 28, 2026 7:26 am
Key Moments NZD/USD pulls back from the 0.5920-0.5925 resistance area and trades near 0.5900 during the Asian session. Safe-haven demand for the USD increases amid elevated US-Iran tensions and uncertainty over stalled peace efforts. Market focus stays on the upcoming FOMC decision and Fed Chair Jerome Powell’s press conference for policy guidance. NZD/USD Softens After […] Read more

Dollar Climbs Against Swiss Franc Ahead of Fed Policy Call

April 28, 2026 7:17 am
Key Moments USD/CHF trades around 0.7865 in early European hours on Tuesday as the pair extends its recent advance. Market participants focus on Wednesday’s Fed decision, with the federal funds rate expected to remain at 3.50% to 3.75%. SNB maintains a 0% policy rate and signals readiness to intervene in FX markets to counter excessive […] Read more

USD/CAD Steady as Oil Offsets Haven Dollar Demand Today

April 28, 2026 5:49 am
Key Moments: USD/CAD trades near 1.3630 after rebounding from levels below 1.3600, the weakest point since March 12. Safe-haven demand for the US Dollar is supported by uncertainty surrounding US-Iran talks and the Strait of Hormuz situation. Higher crude oil prices and upcoming BoC and FOMC decisions are limiting aggressive directional positioning in USD/CAD. USD/CAD […] Read more

Spotify Launches Peloton Fitness Hub for Premium Users

April 27, 2026 2:28 pm
Key Moments Spotify is introducing a dedicated fitness category featuring more than 1,400 Peloton Interactive classes for Premium subscribers worldwide. The Peloton content is integrated directly into Spotify’s audio and video platform and spans strength, Pilates, barre, yoga, and meditation. The collaboration represents Spotify’s first significant move into wellness as Peloton pursues international growth and […] Read more

Gold, Silver Longs Ease as Inflation Concerns Rise

April 27, 2026 12:24 pm
Key Moments Managed money net long positions in COMEX Gold decreased by 3,352 lots to 95,498 lots over the last reporting week. ING analysts link the weaker Gold positioning to inflation concerns stemming from ongoing energy disruptions in the Persian Gulf. Speculators cut their net long exposure in COMEX Silver by 2,183 lots to 8,863 […] Read more

Iran Oil Output at Risk as Storage Constraints Tighten

April 27, 2026 8:58 am
Key Moments Societe Generale analysts see Iran’s ability to sustain current oil output as constrained by limited onshore and floating storage under the U.S. blockade. They believe output reductions would likely start after about 16 days of a full export halt and could reach export-equivalent shut-ins by around day 30. Roughly 176 million barrels of […] Read more