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Gold Holds Above $4,700 as Fed, Gulf Risks Weighed

April 9, 2026 6:35 am
Key Moments Gold (XAU/USD) trades slightly lower in Asian dealings but continues to hold above the $4,700 level after pulling back from a three-week high. Uncertainty around the US-Iran ceasefire and renewed Middle East tensions support the US Dollar, limiting upside for gold while also capping risk appetite. Federal Reserve minutes signal a higher-for-longer stance […] Read more

Canadian Dollar Softens as Safe-Haven Demand Tops Oil

April 9, 2026 6:07 am
Key Moments USD/CAD trades near 1.3860 in Asian dealings after three consecutive sessions of declines. Federal Reserve March meeting minutes point to a wait-and-see approach, with policymakers largely favoring unchanged rates. A rebound in oil prices toward $91.50 provides some support to the commodity-linked Canadian Dollar. USD/CAD Advances on Safe-Haven Flows USD/CAD is edging higher […] Read more

USD/CHF Slides as Risk-On Mood Undermines Dollar Strength

April 8, 2026 12:17 pm
Key Moments USD/CHF extended its pullback from levels above 0.8000 to an intraday low near 0.7870 before stabilizing around 0.7890. A reported two-week ceasefire in Iran coincided with broad US Dollar weakness as investors trimmed long USD exposure. The pair has broken its late-February bullish trendline, with key support seen around 0.7860-0.7835 and resistance near […] Read more

EUR/USD rises as risk sentiment pushes euro toward 1.1700

April 8, 2026 9:52 am
Key Moments EUR/USD trades 0.75% higher near 1.1700 during the European session as the US Dollar weakens. S&P 500 futures gain over 2.5% and the US Dollar Index drops 0.7% to near 98.80 amid easing geopolitical tensions. Eurozone Retail Sales fall 0.2% MoM in February, matching expectations and accelerating from the prior 0.1% decline. Risk-On […] Read more

USD/JPY Slides as Ceasefire Weakens Dollar Demand

April 8, 2026 8:40 am
Key Moments USD/JPY is trading 0.9% lower near 158.20 during Wednesday’s European session. The US Dollar Index (DXY) fell 0.75% to 98.75 as safe-haven demand eased after the US-Iran ceasefire. A breakdown from a symmetrical triangle below 159.00 shifted USD/JPY’s short-term bias to bearish. Resistance now clusters around 158.40-159.00. Risk Sentiment Shifts After Ceasefire USD/JPY […] Read more

Euro gains vs dollar as bullish signals build above MAs

April 8, 2026 6:15 am
Key Moments EUR/USD traded around 1.1670 in Asian hours on Wednesday, extending gains for a third consecutive session. The 14-day RSI at 56 signaled positive momentum, reinforcing the recent bullish reversal above the descending channel. Euro outperformed the US Dollar on the day, with EUR showing a 0.64% gain against USD in cross-currency moves. EUR/USD […] Read more

Gulf Tensions Tighten Aluminium Market

April 7, 2026 12:22 pm
Key Moments Attacks on Emirates Global Aluminium’s Al Taweelah smelter and Aluminium Bahrain’s operations have escalated aluminium supply risks. Combined outages at EGA, Alba, and earlier curtailments at Qatalum could temporarily remove about 3 mtpa of capacity, nearly half of Middle East output. LME aluminium prices have climbed more than 10% since the start of […] Read more

Euro Rises vs Canadian Dollar as ECB Keeps Tight Policy

April 7, 2026 10:33 am
Key Moments: EUR/CAD trades near 1.6100 as the Euro strengthens on a hawkish European Central Bank tone. ECB President Christine Lagarde reiterates that policy will stay restrictive until inflation is firmly back at the 2% target. WTI crude oil hovers around $103.00 per barrel, undercutting the commodity-linked Canadian Dollar after intraday gains fade. Euro Benefits […] Read more

Silver Edges Higher as Gold/Silver Ratio Climbs

April 7, 2026 9:54 am
Key Moments XAG/USD traded at $72.88 per troy ounce on Tuesday, up from $72.79 on Monday. Silver prices have advanced 2.52% since the start of the year. The Gold/Silver ratio rose to 64.29 on Tuesday from 63.87 on Monday. Spot Silver Performance Silver prices (XAG/USD) moved modestly higher on Tuesday, according to FXStreet data. The […] Read more

Falling Solar Costs Transform Energy Economics for Nations

April 7, 2026 9:02 am
Key Moments SolarPower Europe estimates solar generation has saved Europe more than €100 million per day since 1 March, totaling over €3 billion. Ember reports that solar projects now require less upfront capital than fossil fuel alternatives, reversing the situation from a decade ago. Around half of Climate Vulnerable Forum nations, by electricity demand, have […] Read more