April 16, 2026 8:54 am
Key Moments EUR/USD has already reversed all of its losses from March, reaching the 1.18 area. Market expectations for an April European Central Bank rate hike have faded, while a June hike remains fully priced. ING warns against pursuing additional gains at current levels and highlights potential for a move back toward 1.1700 on negative […]
Read moreApril 16, 2026 7:55 am
Key Moments USD/JPY dipped to around 158.25 during the Asian session before rebounding toward 158.70, down over 0.15% on the day. Comments from Japan’s Finance Minister on foreign-exchange discussions and softer Federal Reserve expectations pressured the US Dollar against the Yen. The 200-period EMA on the 4-hour chart and the 158.25 area remain critical support […]
Read moreApril 16, 2026 7:41 am
Key Moments EUR/CAD trades around 1.6200 for a second straight day during Asian hours on Thursday as the cross remains under pressure. Improved risk appetite from signs of Middle East de-escalation supports the Canadian Dollar even as softer oil prices pose a potential headwind. ECB policymakers are seen keeping rates unchanged in April, while markets […]
Read moreApril 16, 2026 7:23 am
Key Moments The Brazilian real has gained nearly 11% against the US dollar in 2026. It is supported by high carry and strong commodities. The Hungarian forint has risen 6.32% year-to-date. In fact, about 8% of that gain came in the last two weeks after Hungary’s election. Markets expect rate hikes across major central banks […]
Read moreApril 16, 2026 6:59 am
Key Moments EUR/JPY trades with modest losses near 187.50 in early European dealings on Thursday. Despite the pullback, the cross remains above the 100-day EMA, preserving a constructive technical outlook. Key resistance is located at 187.95, while initial support aligns with 186.20. Spot Market Overview EUR/JPY is edging lower around 187.50 in early European trading […]
Read moreApril 16, 2026 6:44 am
Key Moments Bitcoin (BTC) and Ethereum (ETH) trade above $74,000 and $2,350, respectively, while Ripple (XRP) holds at $1.40 at press time on Thursday. The crypto Fear and Greed Index stands at 55 on Thursday, with leverage data showing $217 million in liquidations over the past 24 hours, dominated by $142 million in short positions. […]
Read moreApril 16, 2026 6:34 am
Key Moments USD/CHF trades about 0.2% lower near 0.7800 during the Asian session on Thursday amid selling pressure on the Greenback. The US Dollar Index (DXY) trades around 97.85, down 0.15% and at its weakest level in more than six weeks. Market expectations for additional Federal Reserve rate hikes this year have eased as optimism […]
Read moreApril 16, 2026 6:28 am
Key Moments USD/CAD trades near 1.3730 in Asian hours on Thursday, extending its decline for a fourth straight session. Improved risk sentiment and hopes for Middle East de-escalation weigh on the US Dollar as ceasefire extension reports circulate. Easing energy prices cool inflation concerns and dampen expectations of further Federal Reserve tightening, but also limit […]
Read moreApril 16, 2026 6:14 am
Key Moments AUD/USD trades around 0.7180 during Thursday’s Asian session as the Australian Dollar maintains recent gains. Australia’s Unemployment Rate remains at 4.3% in March, while Employment Change prints 17.9K versus 49.7K in February and a 20K forecast. Chinese GDP, industrial output, and retail sales deliver a mixed picture, while Middle East tensions continue to […]
Read moreApril 16, 2026 5:51 am
Key Moments AUD/JPY trades around 113.90 after Australia’s March employment data came in weaker than forecast Australia’s Employment Change printed 17.9K in March versus a consensus of 20K and a prior reading of 48.9K Japanese Yen gains as markets focus on the risk of official intervention to counter JPY weakness Cross Under Pressure After Australian […]
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