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USD/CAD Struggles as Oil Jumps on Hormuz Tensions

April 20, 2026 10:18 am
Key Moments USD/CAD drew dip-buying interest around 1.3700 on Monday but failed to secure a sustained move above that level. Escalating US-Iran tensions and renewed disruption in the Strait of Hormuz lifted both the US Dollar and Crude Oil prices, limiting clear trend development in USD/CAD. Key technical levels cluster between 1.3669 support and 1.3853 […] Read more

Agentic AI Shift Poised to Broaden Chip Spending Beyond GPUs

April 20, 2026 9:39 am
Key Moments Morgan Stanley projected that agentic AI could contribute $32.5–60 billion to the data-center CPU market by 2030. The firm highlighted a shift in AI computing bottlenecks toward CPUs and memory as systems move from content generation to autonomous actions. Morgan Stanley identified a broad set of potential beneficiaries across CPUs, memory, and semiconductor […] Read more

Euro Edges Higher vs Yen as Tsunami Alert and Oil Shock Hit

April 20, 2026 9:23 am
Key Moments EUR/JPY trades near 187.00 in European dealings after recouping prior-session losses. A magnitude 7.5 earthquake off Japan’s Sanriku Coast triggers a tsunami warning and nuclear safety checks. Renewed Strait of Hormuz blockade and elevated energy costs weigh on the Yen and revive Eurozone stagflation worries. EUR/JPY Supported as Yen Faces Energy-Linked Pressure EUR/JPY […] Read more

Euro Edges Higher vs Dollar as Signals Stay Cautious

April 20, 2026 8:13 am
Key Moments EUR/USD draws buying interest around 1.1730-1.1725, paring Monday’s opening bearish gap and holding just above the mid-1.1700s. The US Dollar eases from a one-week high as reduced Federal Reserve rate hike expectations offset support from US-Iran geopolitical tensions. Technical backdrop shows EUR/USD capped below the 100-hour EMA, with RSI near 43 and a […] Read more

Safe-Haven Flows Favor Dollar as GBP/USD Holds Below 1.3500

April 20, 2026 8:02 am
Key Moments GBP/USD trades lower around 1.3500 after a gap-down open during Asian hours on Monday. Safe-haven demand for the US Dollar increases as US-Iran tensions escalate over port blockades and ceasefire accusations. Strait of Hormuz tensions support oil prices, reigniting UK inflation concerns and expectations for additional BoE rate hikes. GBP/USD Under Pressure Amid […] Read more

EUR/JPY Rebounds Toward 187 as Uptrend Holds Intact

April 20, 2026 7:30 am
Key Moments EUR/JPY traded near 186.80 during Asian hours on Monday after nearly 0.5% losses in the prior session, while remaining within an ascending channel. The 14-day Relative Strength Index at 62.30 stayed in positive territory, indicating constructive buying pressure without overbought conditions. Immediate resistance appeared at 187.00 and then 187.95, with primary support at […] Read more

USD/CHF Rises as Dollar Gains on Iran Tensions

April 20, 2026 7:01 am
Key Moments USD/CHF trades 0.13% higher near 0.7830 during the Asian session on Monday as the US Dollar advances. Iran declines to participate in a second round of talks with the US, citing Washington’s stance and actions. Traders await Tuesday’s US March Retail Sales release, forecast to rise 1.3% MoM after a 0.6% gain. USD/CHF […] Read more

Canadian Dollar Pulls Back as USD/CAD Rebounds from Low

April 20, 2026 5:49 am
Key Moments USD/CAD rebounded to the 1.3700 area after opening Monday with a modest downside gap. Renewed US-Iran tensions over the Strait of Hormuz supported safe-haven demand for the US Dollar. Rising crude oil prices bolstered the Canadian Dollar and limited the upside in USD/CAD. USD/CAD Rebounds After Gap Lower The USD/CAD pair attracted fresh […] Read more