April 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 […]
Read moreApril 28, 2026 7:33 am
Key Moments GBP/USD trades around 1.3530, consolidating for a second day within an ascending channel on the daily chart. Key resistance is identified at 1.3599, with further upside opening a path toward 1.3869. Initial support is seen at the nine-day EMA at 1.3509, with deeper levels at the 50-day EMA at 1.3437 and the five-month […]
Read moreApril 28, 2026 7:26 am
Key Moments NZD/USD pulls back from the 0.5920-0.5925 resistance area and trades near 0.5900 during the Asian session. Safe-haven demand for the USD increases amid elevated US-Iran tensions and uncertainty over stalled peace efforts. Market focus stays on the upcoming FOMC decision and Fed Chair Jerome Powell’s press conference for policy guidance. NZD/USD Softens After […]
Read moreApril 28, 2026 7:17 am
Key Moments USD/CHF trades around 0.7865 in early European hours on Tuesday as the pair extends its recent advance. Market participants focus on Wednesday’s Fed decision, with the federal funds rate expected to remain at 3.50% to 3.75%. SNB maintains a 0% policy rate and signals readiness to intervene in FX markets to counter excessive […]
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