April 16, 2026 10:03 am
Key Moments The Norwegian Krone strengthened on risk-on sentiment, pulling EUR/NOK back to just above 11.00. EUR/SEK initially resisted positive risk sentiment before later moving below 10.80 during the US and Asian sessions. EUR/DKK briefly hit 7.4732, reviving focus on the upper end of the Danish krone’s peg to the euro. Risk-On Environment Supports NOK, […]
Read moreApril 16, 2026 9:35 am
Key Moments Kepler Cheuvreux downgraded Stellantis to Hold from Buy. It also cut earnings forecasts for 2026 and 2027. In addition, the firm lowered its global light vehicle demand and production outlook. It cited the impact of the Iran war, especially in Europe. As a result, Kepler reduced its price target by about 17% to […]
Read moreApril 16, 2026 8:37 am
Key Moments A New York jury found that Live Nation and Ticketmaster unlawfully monopolized key U.S. live event markets. Live Nation shares fell 6.3% after the verdict, while Vivid Seats and StubHub gained 9.3% and 3.5%, respectively. States are expected to seek a forced divestiture of Ticketmaster and damages after the jury found fans were […]
Read moreApril 16, 2026 7:41 am
Key Moments EUR/CAD trades around 1.6200 for a second straight day during Asian hours on Thursday as the cross remains under pressure. Improved risk appetite from signs of Middle East de-escalation supports the Canadian Dollar even as softer oil prices pose a potential headwind. ECB policymakers are seen keeping rates unchanged in April, while markets […]
Read moreApril 16, 2026 6:49 am
Key Moments Gold (XAU/USD) trades around $4,835, close to a nearly four-week high after recovering from the prior session’s pullback. Expectations for progress in US-Iran diplomacy and waning odds of a Federal Reserve rate hike weigh on the US Dollar and underpin bullion. Ongoing geopolitical tension in the Gulf and Israel-Lebanon theater keeps safe-haven demand […]
Read moreApril 16, 2026 6:34 am
Key Moments USD/CHF trades about 0.2% lower near 0.7800 during the Asian session on Thursday amid selling pressure on the Greenback. The US Dollar Index (DXY) trades around 97.85, down 0.15% and at its weakest level in more than six weeks. Market expectations for additional Federal Reserve rate hikes this year have eased as optimism […]
Read moreApril 16, 2026 6:07 am
Key Moments XAG/USD trades just above $80.00, up 1.50% on the day. It recently touched a high near $80.50. Moreover, a move above the 200-period SMA on the 4-hour chart supports a bullish bias. Price also holds above the 50% Fibonacci retracement of the March decline. Meanwhile, resistance stands at the 61.8% Fibonacci level at […]
Read moreApril 16, 2026 6:00 am
Key Moments WTI trades just under $88.00, down about 0.40%. As a result, it extends a three-day losing streak despite rebounding from sub-$85.00 levels. Meanwhile, expectations for a prolonged US-Iran ceasefire continue to weigh on crude prices and dampen follow-through buying. However, heightened risks around the Strait of Hormuz and a US naval blockade of […]
Read moreApril 15, 2026 2:15 pm
Key Moments Bitcoin traded 2% lower at $73,961 by 02:48 ET (06:48 GMT) after briefly approaching $76,000 in the prior 24 hours. Recent crypto gains tracked a broader rally in global equities amid improved risk sentiment and softer U.S. producer price data. The UK FCA opened a consultation on crypto regulation, targeting rules for trading […]
Read moreApril 15, 2026 1:52 pm
Key Moments Scotiabank strategists estimate USD/CAD spot fair value at 1.3542, with the Canadian Dollar still mildly undervalued. They note that the USD’s mild downtrend from its late March peak remains in place, with broader trends described as bearish. Key technical levels are highlighted at resistance of 1.3800/20 and support at 1.3745/50, the latter tied […]
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