April 24, 2026 6:11 am
Key Moments USD/CAD traded roughly flat near 1.3700 during Asian hours on Friday after a three-day advance. Safe-haven demand for the US Dollar strengthened amid uncertainty surrounding US-Iran tensions and risks in the Strait of Hormuz. Rising energy prices pushed Canada’s annual inflation to 2.4% in April, increasing expectations for a more hawkish Bank of […]
Read moreApril 23, 2026 2:12 pm
Key Moments The Norwegian Krone has advanced 4.2% against USD and 2.9% against EUR in April, with gains accelerating recently. ING had previously highlighted 10.80-10.85 as a potential near-term EUR/NOK range but now sees growing downside risks to that target. Norges Bank is expected by ING to raise rates by 25 bp on 7 May, […]
Read moreApril 23, 2026 1:12 pm
Key Moments Copper and Aluminium edged higher after reduced near-term geopolitical risk, even as the Strait of Hormuz remained closed. Aluminium drew support from supply disruptions in the Middle East, a region accounting for around 9% of global production. Copper supply risks increased due to potential sulphuric acid shortages from shipping disruptions and China’s planned […]
Read moreApril 23, 2026 12:32 pm
Key Moments ASB projects the Reserve Bank of New Zealand will lift the OCR to 3.25% by year-end, supporting recent NZD strength. Annual inflation held at 3.1% in the year to the first quarter of 2026, reinforcing expectations for further rate hikes. ASB sees New Zealand GDP growth at 1.0% this year versus a 2.2% […]
Read moreApril 23, 2026 9:23 am
Key Moments Brent crude has moved firmly back above $100/bbl as markets reassess risks linked to the Iran conflict and Persian Gulf disruptions. Analysts point to fading expectations of a US-Iran agreement, intensifying demand destruction, and tighter European jet fuel markets. Energy Information Administration data show US exports of crude and refined products are at […]
Read moreApril 23, 2026 8:42 am
Key Moments ADA has been locked in an 8% trading band between $0.24 and $0.26, signaling a buildup of pressure for a decisive move. Momentum gauges such as RSI at 47.59 and a flat MACD show a technical reset following a 36% drop from December highs. Derivatives positioning remains firmly bullish, with top traders showing […]
Read moreApril 23, 2026 7:52 am
Key Moments WTI trades around $93.00 per barrel in Asian hours on Thursday, extending gains into a third straight session. Reports of Iranian actions against ships in the Strait of Hormuz and comments from Iranian officials heighten concerns over supply disruptions. US crude and product exports hit a record 12.88 million bpd, while EIA data […]
Read moreApril 23, 2026 7:37 am
Key Moments USD/CHF extends gains for a third session, trading above the mid-0.7800s after rebounding from the 0.7830 area. Ongoing tensions in the Strait of Hormuz and a less dovish Federal Reserve outlook continue to provide support for the US Dollar. Market participants are watching for a decisive break above the 100-day Simple Moving Average […]
Read moreApril 23, 2026 6:51 am
Key Moments Gold (XAU/USD) trades below $4,700 and keeps a bearish tone as the US Dollar extends gains. Meanwhile, tensions around Iran and risks in the Strait of Hormuz continue to support USD demand. In addition, expectations for delayed Federal Reserve rate cuts weigh on non-yielding bullion. Macro Drivers Pressure Gold Prices Gold (XAU/USD) remains […]
Read moreApril 23, 2026 6:18 am
Bitcoin Climbs Above $78,000 as Risk Appetite Returns; PENGU, AERO, SEI Stand Out Key Moments Bitcoin (BTC) trades above $78,000 as market sentiment improves and liquidations over the past 24 hours reach $462 million. Pudgy Penguins (PENGU), Aerodrome Finance (AERO), and Sei (SEI) rank among the strongest gainers over the last 24 hours. Technical setups […]
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