April 24, 2026 6:11 am
Key Moments USD/CAD traded roughly flat near 1.3700 during Asian hours on Friday after a three-day advance. Safe-haven demand for the US Dollar strengthened amid uncertainty surrounding US-Iran tensions and risks in the Strait of Hormuz. Rising energy prices pushed Canada’s annual inflation to 2.4% in April, increasing expectations for a more hawkish Bank of […]
Read moreApril 24, 2026 5:59 am
Key Moments USD/JPY trades around 159.80, extending gains for a fifth consecutive session and holding near a nearly two-week high. Japan’s March National CPI ex fresh food printed at 1.8% YoY, matching consensus and up from 1.6%, but failed to meaningfully support the Yen. Ongoing Middle East tensions and expectations that the BoJ will keep […]
Read moreApril 23, 2026 2:12 pm
Key Moments The Norwegian Krone has advanced 4.2% against USD and 2.9% against EUR in April, with gains accelerating recently. ING had previously highlighted 10.80-10.85 as a potential near-term EUR/NOK range but now sees growing downside risks to that target. Norges Bank is expected by ING to raise rates by 25 bp on 7 May, […]
Read moreApril 23, 2026 1:04 pm
Key Moments USD/JPY extends a four-day rally and trades near 159.75 in Thursday’s European session. Meanwhile, the US Dollar Index (DXY) rises to 98.80 as higher oil prices lift inflation expectations. In addition, a triangle breakout and rising 20-day EMA support a move toward 160.46 and 161.00. Dollar-Fueled Rally Lifts USD/JPY USD/JPY continues to climb […]
Read moreApril 23, 2026 12:32 pm
Key Moments ASB projects the Reserve Bank of New Zealand will lift the OCR to 3.25% by year-end, supporting recent NZD strength. Annual inflation held at 3.1% in the year to the first quarter of 2026, reinforcing expectations for further rate hikes. ASB sees New Zealand GDP growth at 1.0% this year versus a 2.2% […]
Read moreApril 23, 2026 12:25 pm
Key Moments The rupee closed at 94.11 per dollar (provisional) on Thursday, down 33 paise and marking its fourth straight session of losses. Since April 17, the currency has weakened by 120 paise, or nearly 1.3%, amid rising crude prices, equity selling, and foreign fund outflows. Brent crude traded 1.88% higher at $103.83 per barrel, […]
Read moreApril 23, 2026 9:17 am
Key Moments GBP/JPY recovered earlier losses and trades slightly higher near 215.45 in Thursday’s European session. Meanwhile, markets expect the Bank of Japan to keep rates unchanged at 0.75% on April 28. In addition, UK S&P Global Composite PMI is forecast to fall to 49.8, signaling possible contraction. Cross Rebounds as Yen Underperforms GBP/JPY turned […]
Read moreApril 23, 2026 9:07 am
Key Moments Commerzbank’s Antje Praefcke expects EUR/USD to trade sideways amid elevated uncertainty. Geopolitical tensions in the Middle East and unclear Federal Reserve leadership are cited as key drivers. Praefcke perceives a modest bias in favor of a stronger US Dollar in the near term. Sideways Trading Expected in EUR/USD Commerzbank strategist Antje Praefcke anticipates […]
Read moreApril 23, 2026 8:42 am
Key Moments ADA has been locked in an 8% trading band between $0.24 and $0.26, signaling a buildup of pressure for a decisive move. Momentum gauges such as RSI at 47.59 and a flat MACD show a technical reset following a 36% drop from December highs. Derivatives positioning remains firmly bullish, with top traders showing […]
Read moreApril 23, 2026 8:22 am
Key Moments EUR/GBP traded with modest gains near 0.8675 in early Thursday European dealings. UK CPI accelerated to 3.3% YoY in March, driven by higher fuel costs linked to the Iran war. ECB officials signaled no April rate hike, while some analysts see scope for 25 bps moves later in the year. EUR/GBP Holds Firmer […]
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