April 7, 2026 1:13 pm
Key Moments AUD/USD trades higher for a second straight session but fails to gain firm traction above 0.6950, holding near 0.6930. Escalating geopolitical tensions around the US ultimatum on Iran keep investors cautious toward selling USD. Australia’s TD-MI Inflation Gauge jumps 1.3% in March MoM and 4.3% YoY, lifting RBA tightening expectations. Geopolitical Risks Contain […]
Read moreApril 7, 2026 12:41 pm
Key Moments BNY observes a marked divergence in flows favoring AUD over NZD despite robust New Zealand soft commodity prices. Holdings in AUD and NZD have shifted from broad convergence in early February to a 40pp spread versus their 12-month rolling averages. BNY warns that if the AUD/NZD divergence feeds into spot, the RBNZ may […]
Read moreApril 7, 2026 8:13 am
Key Moments USD/JPY trades near 160.00 amid Middle East tensions. Weaker Japanese household spending for February at -1.7% YoY dampens hawkish BoJ expectations. The pair remains supported above the rising 20-day EMA and the lower boundary of an ascending channel near 158.40. Geopolitical Tensions Keep USD/JPY Rangebound USD/JPY is trading near 160.00 during Tuesday’s European […]
Read moreApril 7, 2026 7:37 am
Key Moments: GBP/JPY traded higher for a second straight session, breaking above the prior range top near 211.50. The cross retraced more than half of its late-March decline, with price touching fresh April highs above 211.65. Technical signals, including RSI and MACD, pointed to strengthening bullish momentum and scope for further upside. GBP/JPY Pushes to […]
Read moreApril 7, 2026 7:25 am
Key Moments USD/CHF trades near 0.7990 in early European dealings on Tuesday, supported by reduced expectations for imminent U.S. rate cuts. Swiss inflation accelerated to 0.3% in March, the highest reading in a year, driven by energy costs linked to the Middle East conflict. Markets focus on U.S. policy signals, Iran-related geopolitical risks, and the […]
Read moreApril 7, 2026 7:13 am
Key Moments Brent crude trades at 111 USD/bbl as markets weigh potential disruptions to global energy supply. Danske Bank raises its inflation trajectory, citing expectations of prolonged constraints through the Strait of Hormuz. Emerging bilateral deals, especially between Asian economies and Iran, are enabling some oil flows via alternative channels. Market Focus Remains on Middle […]
Read moreApril 7, 2026 7:06 am
Key Moments USD/CNH trades near 6.8800 in Asian hours, rebounding from earlier losses. Meanwhile, rising Iran tensions boost safe-haven demand for the US Dollar. In addition, the PBOC sets the fixing at 6.8854, above estimates, as markets await Fed Minutes and inflation data. USD/CNH Supported by Safe-Haven Bid USD/CNH edges higher during Tuesday’s Asian session […]
Read moreApril 7, 2026 6:40 am
Key Moments: WTI trades just below the mid-$105.00s in Asian hours, gaining over 1.5%. Traders focus on fading US-Iran ceasefire hopes and rising military risks. Meanwhile, the 100-period EMA, MACD, and RSI support a near-term bullish view. Geopolitical Tension Supports WTI Rally West Texas Intermediate (WTI), the US Crude Oil benchmark, attracts fresh buying during […]
Read moreApril 6, 2026 2:23 pm
Key Moments Brent crude has fallen back from recent highs near USD119/bbl, but OCBC strategists believe geopolitical risk remains elevated. OCBC’s base case projects Brent easing to a USD85–70 range over the next 6–12 months, despite ongoing supply concerns. Tension around the Strait of Hormuz is viewed as “controlled disruption” rather than a resolution, with […]
Read moreApril 6, 2026 2:13 pm
Key Moments U.S. natural gas prices stayed near recent levels even as Europe and Asia LNG benchmarks climbed roughly 70%. Limited U.S. liquefaction capacity kept domestic gas pricing anchored to local supply-demand dynamics rather than global LNG strength. Working gas in storage reached 1,865 Bcf, standing 96 Bcf above last year and 54 Bcf above […]
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