April 29, 2026 6:55 am
The EUR/CAD currency pair bounced off a 1-month low of 1.5939 on Wednesday ahead of the outcome of the European Central Bank’s and the Bank of Canada’s policy meetings. The European Central Bank is largely expected to keep its main refinancing operations rate intact at 2.15% at its April 30th meeting. And, the ECB deposit […]
Read moreApril 29, 2026 6:54 am
Key Moments EUR/JPY trades near 186.80 in Asian hours after ending a three-day winning streak. Uncertainty around a Middle East ceasefire and Iran blockade pressures the Euro. The Japanese Yen stays supported by BoJ tightening bets and intervention risks. EUR/JPY Stays Under Pressure Below 187.00 EUR/JPY trades slightly lower on Wednesday, hovering near 186.80 in […]
Read moreApril 29, 2026 6:38 am
Key Moments USD/CAD trades below 1.3700 during the Asian session, fluctuating between small gains and losses. Geopolitical tension surrounding US-Iran relations supports the safe-haven USD, while elevated Crude Oil prices bolster the Canadian Dollar. Investors await the Bank of Canada interest rate decision and the conclusion of the FOMC meeting for policy guidance. USD/CAD Steadies […]
Read moreApril 29, 2026 6:32 am
Key Moments GBP/USD traded near 1.3520 during Asian hours, staying above its nine-day and 50-day EMAs. Price action is testing the lower edge of an ascending channel around 1.3510, close to the nine-day EMA at 1.3509. The 14-day RSI near 56 points to constructive momentum, with scope to challenge the recent two-month high at 1.3599. […]
Read moreApril 29, 2026 6:23 am
Key Moments AUD/JPY trades close to 114.50 in early Asian dealings on Wednesday after Australia’s latest CPI release. Australia’s annual CPI increased to 4.6% in March, missing expectations of 4.7% despite accelerating from 3.7% in February. The Bank of Japan kept its policy rate at 0.75% on Tuesday and signaled it will adjust rates in […]
Read moreApril 29, 2026 6:11 am
Key Moments AUD/USD retreats toward the 0.7170 zone after Australian CPI data, staying capped below 0.7200. Headline CPI rises 1.4% in Q1, taking annual inflation to 4.1%, with Trimmed Mean CPI up 0.3% on the quarter and 3.5% year-on-year. Markets continue to price a higher probability of a 25 bps RBA hike in May as […]
Read moreApril 28, 2026 2:20 pm
The USD/NOK currency pair rose on Tuesday, snapping a two-day string of losses, ahead of the outcome of the Federal Reserve’s policy meeting. The Fed is largely expected to leave its federal funds rate target range intact at 3.50%-3.75% at its April 28th-29th meeting, following three successive rate cuts last year. The vast majority of […]
Read moreApril 28, 2026 11:50 am
The GBP/NOK currency pair traded not far from a 37 1/2-month low of 12.5182 on Tuesday ahead of the outcome of the Bank of England’s policy meeting. The Bank of England is expected to leave its benchmark interest rate intact at 3.75% at its April 30th meeting. In March, the BoE highlighted global energy price […]
Read moreApril 28, 2026 10:05 am
The GBP/CAD currency pair hovered above a 3-week low of 1.8415 on Tuesday ahead of the outcome of the Bank of England’s and the Bank of Canada’s policy meetings. The Bank of England is expected to leave its benchmark interest rate intact at 3.75% at its April 30th meeting. In March, the BoE highlighted global […]
Read moreApril 28, 2026 8:36 am
The GBP/USD currency pair pulled back from a 1-week high of 1.3576 on Tuesday ahead of the outcome of the Bank of England’s and the Federal Reserve’s policy meetings. The Bank of England is expected to leave its benchmark interest rate intact at 3.75% at its April 30th meeting. In March, the BoE highlighted global […]
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