April 7, 2026 12:24 pm
The NZD/JPY currency pair held within a tight daily range on Tuesday ahead of the outcome of the RBNZ’s policy meeting on Wednesday. The Reserve Bank of New Zealand is expected to keep its official cash rate intact at 2.25% at its April 8th meeting. The RBNZ has shown little urgency to tighten policy, in […]
Read moreApril 7, 2026 10:33 am
Key Moments: EUR/CAD trades near 1.6100 as the Euro strengthens on a hawkish European Central Bank tone. ECB President Christine Lagarde reiterates that policy will stay restrictive until inflation is firmly back at the 2% target. WTI crude oil hovers around $103.00 per barrel, undercutting the commodity-linked Canadian Dollar after intraday gains fade. Euro Benefits […]
Read moreApril 7, 2026 10:23 am
The NZD/CHF currency pair extended a pullback from a 19-week low of 0.4540 on Tuesday ahead of the outcome of the RBNZ’s policy meeting on Wednesday. The Reserve Bank of New Zealand is expected to keep its official cash rate intact at 2.25% at its April 8th meeting. The RBNZ has shown little urgency to […]
Read moreApril 7, 2026 8:43 am
The GBP/NZD currency pair held in proximity to an 11-week high of 2.3225 on Tuesday ahead of the outcome of the RBNZ’s policy meeting on Wednesday. The Reserve Bank of New Zealand is expected to keep its official cash rate intact at 2.25% at its April 8th meeting. The RBNZ has shown little urgency to […]
Read moreApril 7, 2026 8:13 am
Key Moments USD/JPY trades near 160.00 amid Middle East tensions. Weaker Japanese household spending for February at -1.7% YoY dampens hawkish BoJ expectations. The pair remains supported above the rising 20-day EMA and the lower boundary of an ascending channel near 158.40. Geopolitical Tensions Keep USD/JPY Rangebound USD/JPY is trading near 160.00 during Tuesday’s European […]
Read moreApril 7, 2026 7:54 am
Key Moments NZD/USD trades near 0.5700, close to its lowest level since November 2025, after failing to extend the prior session’s modest rebound. Heightened geopolitical tension around the Strait of Hormuz and expectations of a hawkish Federal Reserve stance support broader US Dollar strength. Technical signals – including price trading below 0.5730 support and the […]
Read moreApril 7, 2026 7:37 am
Key Moments: GBP/JPY traded higher for a second straight session, breaking above the prior range top near 211.50. The cross retraced more than half of its late-March decline, with price touching fresh April highs above 211.65. Technical signals, including RSI and MACD, pointed to strengthening bullish momentum and scope for further upside. GBP/JPY Pushes to […]
Read moreApril 7, 2026 7:25 am
Key Moments USD/CHF trades near 0.7990 in early European dealings on Tuesday, supported by reduced expectations for imminent U.S. rate cuts. Swiss inflation accelerated to 0.3% in March, the highest reading in a year, driven by energy costs linked to the Middle East conflict. Markets focus on U.S. policy signals, Iran-related geopolitical risks, and the […]
Read moreApril 7, 2026 7:06 am
Key Moments USD/CNH trades near 6.8800 in Asian hours, rebounding from earlier losses. Meanwhile, rising Iran tensions boost safe-haven demand for the US Dollar. In addition, the PBOC sets the fixing at 6.8854, above estimates, as markets await Fed Minutes and inflation data. USD/CNH Supported by Safe-Haven Bid USD/CNH edges higher during Tuesday’s Asian session […]
Read moreApril 7, 2026 6:52 am
Key Moments EUR/JPY is trading nearly unchanged around 184.35 in early European hours on Tuesday, holding above its 100-day EMA. Safe-haven demand for JPY from US-Iran tensions may cap further gains, even as a hawkish ECB tone supports EUR. Key technical levels include support at 183.70 and 182.10, with resistance seen at 185.80 and 186.30. […]
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