April 17, 2026 6:09 am
Key Moments: GBP/USD trades around 1.3520 in Asian hours on Friday, extending its decline to a third straight session. Bank of England officials signal caution on further rate increases, reinforcing market expectations for limited hikes this year. US Dollar gains on safe-haven demand amid reports of ceasefire violations between Israel and Lebanon despite a 10-day […]
Read moreApril 17, 2026 5:58 am
Key Moments USD/JPY trades around 159.35 in Asian hours, extending its advance for a third straight session. Reports of ceasefire violations in the Middle East sustain geopolitical uncertainty and support the USD against the JPY. Japanese officials, including Finance Minister Satsuki Katayama and BoJ Governor Kazuo Ueda, underscore readiness for “bold” FX steps and stress […]
Read moreApril 17, 2026 5:50 am
Key Moments AUD/USD trades steadily above the mid-0.7100 area after pausing a pullback from its highest level since June 2022. Market pricing implies a 65% probability of a Reserve Bank of Australia rate increase in May, underpinning support for the Aussie. US Dollar strength remains constrained by fading expectations of a Federal Reserve rate hike, […]
Read moreApril 16, 2026 1:47 pm
Key Moments EUR and GBP have fully retraced their initial Middle East conflict-related declines against USD. Falling European energy prices and stronger-than-expected UK February GDP growth of 0.5%M/M have underpinned both currencies. MUFG still anticipates 50bps of ECB tightening, though the first hike is now expected in June or July, potentially limiting further Euro gains. […]
Read moreApril 16, 2026 1:39 pm
Key Moments EUR and GBP have fully retraced their initial Middle East conflict-related declines against USD. Falling European energy prices and stronger-than-expected UK February GDP growth of 0.5%M/M have underpinned both currencies. MUFG still anticipates 50bps of ECB tightening, though the first hike is now expected in June or July, potentially limiting further Euro gains. […]
Read moreApril 16, 2026 1:25 pm
Key Moments Societe Generale analysts report a resurgence in global risk appetite that is boosting demand for the South African Rand. USD/ZAR is viewed as vulnerable after failing to remain above its 200-day moving average at 17.00, with potential to move toward 16.00. Repricing in SARB FRAs toward softer tightening prospects and lower local yields […]
Read moreApril 16, 2026 12:48 pm
Key Moments Hourly Bitcoin deposits to exchanges surged to 11,000 BTC as the price briefly reached $76,052 on Coinbase. Average deposit size rose to 2.25 BTC, the highest level since July 2024, echoing patterns seen before a prior sharp drawdown. On-chain data highlights $76,800 as a key resistance level and $67,600 as near-term support, shaping […]
Read moreApril 16, 2026 12:06 pm
Key Moments EUR/CHF traded near 0.9230, recovering from an intraday low of 0.9198 after updated Eurozone inflation figures. Revised Eurozone HICP rose 1.3% MoM and 2.6% YoY in March, with core inflation at 2.3% YoY. SNB minutes highlighted a more uncertain Swiss growth outlook and a temporary inflation pickup driven by energy prices. EUR/CHF Holds […]
Read moreApril 16, 2026 10:03 am
Key Moments The Norwegian Krone strengthened on risk-on sentiment, pulling EUR/NOK back to just above 11.00. EUR/SEK initially resisted positive risk sentiment before later moving below 10.80 during the US and Asian sessions. EUR/DKK briefly hit 7.4732, reviving focus on the upper end of the Danish krone’s peg to the euro. Risk-On Environment Supports NOK, […]
Read moreApril 16, 2026 9:48 am
Key Moments AUD/JPY climbed to a record high of 114.20 and was last trading near 114.10 during European hours on Thursday. The 14-day Relative Strength Index is sitting just above 70.00, pointing to overbought conditions alongside strong upside momentum. Key technical support is identified at the nine-day EMA at 112.76, with deeper levels at the […]
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