April 1, 2026 2:17 pm
Key Moments Silver (XAG/USD) trades around $75.00 on Wednesday after a strong three-day rebound, with upside momentum easing. Comments from US President Donald Trump about a possible near-term end to the Iran conflict have reduced safe-haven demand for precious metals. A softer US Dollar and shifting expectations for a less restrictive monetary stance are helping […]
Read moreApril 1, 2026 1:58 pm
Key Moments Scotiabank strategists see room for a meaningful Canadian Dollar recovery following a 1.4% decline in Q1. The bank’s fair value estimate for USD/CAD stands at 1.3495, indicating notable CAD undervaluation versus spot levels. USD/CAD momentum has eased from overbought territory, with strategists watching a short-term range of 1.3850-1.3950. CAD Lags Despite Broad-Based USD […]
Read moreApril 1, 2026 1:30 pm
Key Moments Major memory chipmakers have fallen 20-30% in the past two weeks, driven by geopolitical and technology-related concerns. KB Securities’ Jeff Kim expects AI data center capital spending and 2Q26 chip orders to continue rising, supporting earnings strength into 2026. Forward P/E valuations for Samsung, SK Hynix, and Micron have compressed to a 3-5x […]
Read moreApril 1, 2026 1:03 pm
Key Moments GBP/NZD is stabilizing; however, downside risks persist as the nine-day average stays below the 21-day. The RBNZ held rates steady and kept its OCR outlook mostly unchanged, surprising markets that expected hikes later this year. Meanwhile, UK political risks, including a key by-election, may limit GBP/NZD upside in the near term. Technical Backdrop: […]
Read moreApril 1, 2026 8:50 am
Key Moments BoJ policymaker Toichiro Asada stated that rising oil prices have created upside risks to inflation during European trading hours on Wednesday. Asada warned that higher energy costs are also weighing on growth and contributing to a stagflationary trend that is difficult to manage with monetary policy alone. The Japanese Yen showed no immediate […]
Read moreApril 1, 2026 8:25 am
Key Moments USD/JPY trades about 0.26% lower near 158.30 in European hours, extending its decline for a third straight session. A sharp drop in oil prices amid easing Middle East tensions supports the Yen and weighs on the US Dollar. Traders focus on upcoming US ADP Employment Change and ISM Manufacturing PMI data for March. […]
Read moreApril 1, 2026 6:48 am
Key Moments EUR/USD touched a one-week high but stalled below 1.1600 during the Asian session. Geopolitical tensions and hawkish Fed expectations continued to support the US Dollar, limiting euro gains. Technical focus centers on a sustained break above the 61.8% Fibonacci retracement before new long positions are considered. EUR/USD Holds Below 1.1600 Amid Mixed Backdrop […]
Read moreApril 1, 2026 6:13 am
Key Moments NZD/USD reversed from an intraday push toward 0.5760 and slipped to the 0.5730 area, interrupting its latest rebound from a more than four-month low. Persistent inflation concerns and renewed Federal Reserve rate hike expectations continued to underpin the US Dollar, pressuring the Kiwi. Expectations that the RBNZ could delay tightening until Q4, combined […]
Read moreMarch 31, 2026 1:45 pm
Key Moments BNY reports that the Indian Rupee (INR) posted the highest level of realized selling among APAC currencies in March. Despite the pronounced selling, BNY’s data shows INR positioning on a holdings basis remains broadly flat after being heavily overheld for carry strategies. BNY’s Bob Savage indicates that a more attractive valuation case for […]
Read moreMarch 31, 2026 1:08 pm
Key Moments Bank of America cut its Airbus price target to €255 from €259, while reiterating a Buy rating. Strikes on Gulf aluminum smelters have pushed LME aluminum prices up about 6% since the attacks and roughly 15% from pre-war levels. Bank of America now sees Airbus facing inflation headwinds of €100 million in 2026 […]
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