April 8, 2026 9:19 am
Key Moments Litecoin trades near $55 with a neutral RSI of 52.68 and a weakening bearish MACD setup. Technical roadmap highlights resistance at $57.43 and upside projections toward the $61-66 band by month-end. Support levels at $53.46 and $51.77 mark crucial zones for risk management and downside monitoring. Current Market Setup Litecoin is consolidating around […]
Read moreApril 8, 2026 9:08 am
Key Moments WTI Crude dropped more than 15% from Tuesday’s highs above $106.00 following news of a two-week ceasefire in the Iran war. Despite the sell-off, crude prices remain nearly 40% above pre-war levels amid ongoing concerns about supply disruptions and regional instability. OPEC+ agreed to raise output quotas by 206K barrels per day from […]
Read moreApril 8, 2026 8:24 am
Key Moments GBP/JPY advanced on improved risk appetite but met strong resistance around 212.80. News of a ceasefire in Iran supported the Pound during Wednesday’s Asian session. Failure to clear 212.80 may encourage a corrective move lower despite a 0.8% three-day rally. Price Action and Market Sentiment The Pound (GBP) is holding a mildly bullish […]
Read moreApril 8, 2026 7:46 am
Key Moments Benchmark Brent crude has fallen roughly 14% to $94 a barrel after news of a two-week ceasefire involving the US, Israel and Iran. UK wholesale gas prices have dropped more than 18% to 110 pence per unit, although they remain well above pre-war levels of 78 pence. Stock markets in the UK and […]
Read moreApril 8, 2026 7:12 am
Key Moments EUR/GBP trades near 0.8700 in early Wednesday European dealings as the cross weakens. A two-week ceasefire agreement between the US and Iran boosts risk appetite, supporting GBP over EUR. ECB’s hawkish messaging and expectations for 2–3 rate hikes in 2026 help cushion downside for the Euro. EUR/GBP Under Pressure Around 0.8700 The EUR/GBP […]
Read moreApril 8, 2026 6:23 am
Key Moments Gold (XAU/USD) extended its recovery for a second session, trading near $4,800 after touching a nearly three-week high. News of a US-Iran ceasefire and conditions on the Strait of Hormuz weighed on the US Dollar Index (DXY) and supported bullion. Falling Crude Oil prices eased inflation concerns, dampening Fed rate hike expectations and […]
Read moreApril 8, 2026 5:53 am
Key Moments AUD/NZD trades near 1.2170 in Asian hours on Wednesday, easing back after a winning streak that began on March 30. The Reserve Bank of New Zealand leaves the Official Cash Rate unchanged at 2.25% at its April policy meeting, in line with expectations. Improved global risk sentiment following a US-Iran ceasefire announcement supports […]
Read moreApril 7, 2026 2:28 pm
Key Moments Bitcoin traded down 2.1% at $68,183 by 10:01 ET (14:01 GMT) after briefly topping $70,000 on Monday. Risk sentiment weakened as markets focused on U.S. President Donald Trump’s 8 p.m. ET deadline for Iran to reopen the Strait of Hormuz. Bitcoin ETFs recorded $471.3 million in combined daily inflows, the strongest since late […]
Read moreApril 7, 2026 1:55 pm
Key Moments Delta Air Lines (NYSE:DAL) will raise checked baggage fees on domestic and select short-haul international routes. The move comes as airlines contend with higher jet fuel costs tied to tensions in the Middle East and disruptions in the Strait of Hormuz. Fees for first and second checked bags on new bookings will each […]
Read moreApril 7, 2026 1:25 pm
Key Moments March CPIF inflation slowed to 1.6% year-over-year versus a market expectation of 2.2%, according to TD Securities. CPIF ex-Energy fell to 1.1% year-over-year, undercutting the 1.5% market forecast and highlighting broad underlying softness. TD Securities argues that, unless the latest inflation weakness reverses quickly, the Riksbank may postpone interest rate increases despite its […]
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