April 27, 2026 11:58 am
The USD/MXN currency pair pulled back from a 2-week high of 17.4653 on Monday 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 […]
Read moreApril 27, 2026 10:08 am
The CAD/SEK currency pair held within a tight daily range on Monday ahead of the outcome of the Bank of Canada’s policy meeting. The Bank of Canada is expected to keep its benchmark interest rate intact at 2.25% at its April 29th policy meeting. In March, BoC policy makers acknowledged increasing downside risks to growth, […]
Read moreApril 27, 2026 9:50 am
Key Moments EUR/GBP dropped to a new low of 0.8649 as the Pound outperformed. Markets have been pricing in a more hawkish Bank of England stance amid stronger UK growth momentum and persistent inflation pressures. MUFG flags that upcoming domestic political developments could prompt at least a temporary Pound sell-off in the weeks ahead. Repricing […]
Read moreApril 27, 2026 9:14 am
Key Moments GBP/JPY trades near 215.70 in early European hours as the Japanese Yen lags major peers. Both the Bank of Japan and the Bank of England are expected to keep interest rates unchanged, at 0.75% and 3.75% respectively. Geopolitical tension involving the United States and Iran weighs on sentiment as talks remain stalled over […]
Read moreApril 27, 2026 9:10 am
Key Moments EUR/CAD trades near 1.6010 after two sessions of gains, holding above the 1.6000 level. Markets expect the European Central Bank to keep interest rates unchanged at its April policy meeting. Rising crude prices support the Canadian Dollar even as higher energy costs underpin a cautious ECB outlook. Cross Holds Firm Ahead of ECB […]
Read moreApril 27, 2026 8:49 am
The USD/CAD currency pair hovered above a 6 1/2-week low of 1.3618 on Monday ahead of the outcome of the Federal Reserve’s and the Bank of Canada’s policy meetings. 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 […]
Read moreApril 27, 2026 8:24 am
Key Moments USD/JPY trades slightly lower near 159.20 in late Asian hours after giving back early-session gains. Planned US-Iran talks in Islamabad were canceled after Washington rejected Tehran’s counteroffer. Both the Bank of Japan and the Federal Reserve are expected to keep rates unchanged this week while highlighting inflation and growth risks. Dollar-Yen Eases as […]
Read moreApril 27, 2026 8:08 am
Key Moments AUD/JPY trades near 114.15 in early European trading on Monday. It stays above 114.00. Meanwhile, reports of an Iranian plan to reopen the Strait of Hormuz improve risk sentiment. This supports the Australian Dollar. In addition, traders watch the Bank of Japan rate decision and Australia’s March CPI later this week. Risk-On Mood […]
Read moreApril 27, 2026 7:38 am
Key Moments GBP/USD trades just below the mid-1.3500s after rebounding from the 1.3500 area, marking a second consecutive daily gain. Dollar weakness tied to US-Iran peace optimism and easing Fed expectations supports the pair, alongside continued BoE tightening bets. Technical signals remain constructive, with GBP/USD holding above key Fibonacci levels and momentum indicators favoring buyers. […]
Read moreApril 27, 2026 7:36 am
Key Moments USD/CHF trades around 0.7840 during Asian hours on Monday, marking a second straight subdued session. US Dollar weakness persists despite safe-haven demand amid a strained ceasefire and rising regional tensions. SNB Chairman Martin Schlegel reiterates readiness to adjust policy and intervene in FX markets to limit CHF strength. USD/CHF Under Pressure as Dollar […]
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