April 17, 2026 8:57 am
Key Moments Apple’s iPhone shipments in China rose 20% in the first quarter, the fastest growth among major smartphone brands. Overall smartphone shipments in China declined 4% in the January-to-March period amid higher memory chip costs and supply chain issues. Huawei, Apple, and Vivo were the only leading vendors to record growth, while Xiaomi’s shipments […]
Read moreApril 17, 2026 8:13 am
Key Moments AUD/JPY trades around 114.30, marking a fifth straight session in positive territory. Markets are assigning nearly a 65% chance that the RBA will lift the OCR from 4.10% to 4.35% at its next meeting. Japanese officials signal readiness for “bold” FX action, potentially limiting further upside in AUD/JPY. AUD Advances as RBA Hawkish […]
Read moreApril 17, 2026 8:07 am
Key Moments NZD/USD trades with a modest bearish bias for a second session, hovering below 0.5900 in Asia on Friday. Geopolitical risks and an American naval blockade support the safe-haven USD, while prospects for US-Iran diplomacy and lower Fed hike odds curb dollar strength. Technical structure remains bullish above 0.5835-0.5840, with key resistance near 0.5930-0.5935 […]
Read moreApril 16, 2026 1:47 pm
Key Moments EUR and GBP have fully retraced their initial Middle East conflict-related declines against USD. Falling European energy prices and stronger-than-expected UK February GDP growth of 0.5%M/M have underpinned both currencies. MUFG still anticipates 50bps of ECB tightening, though the first hike is now expected in June or July, potentially limiting further Euro gains. […]
Read moreApril 16, 2026 12:48 pm
Key Moments Hourly Bitcoin deposits to exchanges surged to 11,000 BTC as the price briefly reached $76,052 on Coinbase. Average deposit size rose to 2.25 BTC, the highest level since July 2024, echoing patterns seen before a prior sharp drawdown. On-chain data highlights $76,800 as a key resistance level and $67,600 as near-term support, shaping […]
Read moreApril 16, 2026 12:06 pm
Key Moments EUR/CHF traded near 0.9230, recovering from an intraday low of 0.9198 after updated Eurozone inflation figures. Revised Eurozone HICP rose 1.3% MoM and 2.6% YoY in March, with core inflation at 2.3% YoY. SNB minutes highlighted a more uncertain Swiss growth outlook and a temporary inflation pickup driven by energy prices. EUR/CHF Holds […]
Read moreApril 16, 2026 9:48 am
Key Moments AUD/JPY climbed to a record high of 114.20 and was last trading near 114.10 during European hours on Thursday. The 14-day Relative Strength Index is sitting just above 70.00, pointing to overbought conditions alongside strong upside momentum. Key technical support is identified at the nine-day EMA at 112.76, with deeper levels at the […]
Read moreApril 16, 2026 8:54 am
Key Moments EUR/USD has already reversed all of its losses from March, reaching the 1.18 area. Market expectations for an April European Central Bank rate hike have faded, while a June hike remains fully priced. ING warns against pursuing additional gains at current levels and highlights potential for a move back toward 1.1700 on negative […]
Read moreApril 16, 2026 7:23 am
Key Moments The Brazilian real has gained nearly 11% against the US dollar in 2026. It is supported by high carry and strong commodities. The Hungarian forint has risen 6.32% year-to-date. In fact, about 8% of that gain came in the last two weeks after Hungary’s election. Markets expect rate hikes across major central banks […]
Read moreApril 16, 2026 6:59 am
Key Moments EUR/JPY trades with modest losses near 187.50 in early European dealings on Thursday. Despite the pullback, the cross remains above the 100-day EMA, preserving a constructive technical outlook. Key resistance is located at 187.95, while initial support aligns with 186.20. Spot Market Overview EUR/JPY is edging lower around 187.50 in early European trading […]
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