April 8, 2026 8:24 am
Key Moments GBP/JPY advanced on improved risk appetite but met strong resistance around 212.80. News of a ceasefire in Iran supported the Pound during Wednesday’s Asian session. Failure to clear 212.80 may encourage a corrective move lower despite a 0.8% three-day rally. Price Action and Market Sentiment The Pound (GBP) is holding a mildly bullish […]
Read moreApril 8, 2026 7:12 am
Key Moments EUR/GBP trades near 0.8700 in early Wednesday European dealings as the cross weakens. A two-week ceasefire agreement between the US and Iran boosts risk appetite, supporting GBP over EUR. ECB’s hawkish messaging and expectations for 2–3 rate hikes in 2026 help cushion downside for the Euro. EUR/GBP Under Pressure Around 0.8700 The EUR/GBP […]
Read moreApril 8, 2026 7:03 am
Key Moments USD/CAD trades near 1.3830, marking a third consecutive session of losses for the pair as safe-haven demand for the US Dollar eases. WTI crude hovers around $89.80 per barrel, down more than 11% as supply concerns recede following the US-Iran two-week ceasefire agreement. Canada’s Ivey PMI drops to 49.7 in March from 56.6, […]
Read moreApril 8, 2026 6:53 am
Key Moments NZD/USD trades near 0.5820 in the Asian session after the RBNZ leaves the OCR at 2.25% for a second straight meeting. Price action turns cautiously bullish as the pair holds above 0.5790 but remains capped below the 100-day EMA around 0.5850. RBNZ Governor Anna Breman warns that Middle East tensions and higher fuel […]
Read moreApril 8, 2026 6:15 am
Key Moments EUR/USD traded around 1.1670 in Asian hours on Wednesday, extending gains for a third consecutive session. The 14-day RSI at 56 signaled positive momentum, reinforcing the recent bullish reversal above the descending channel. Euro outperformed the US Dollar on the day, with EUR showing a 0.64% gain against USD in cross-currency moves. EUR/USD […]
Read moreApril 8, 2026 6:05 am
Key Moments Bitcoin (BTC) trades back above $71,000 as tensions in the Middle East ease following a US-Iran ceasefire arrangement. Roughly $596 million in crypto positions are liquidated in 24 hours, including $430 million in shorts, as risk appetite returns. Zcash (ZEC), LayerZero (ZRO), and Bitcoin SV (BSV) post double-digit daily gains, with key technical […]
Read moreApril 8, 2026 5:53 am
Key Moments AUD/NZD trades near 1.2170 in Asian hours on Wednesday, easing back after a winning streak that began on March 30. The Reserve Bank of New Zealand leaves the Official Cash Rate unchanged at 2.25% at its April policy meeting, in line with expectations. Improved global risk sentiment following a US-Iran ceasefire announcement supports […]
Read moreApril 7, 2026 2:28 pm
Key Moments Bitcoin traded down 2.1% at $68,183 by 10:01 ET (14:01 GMT) after briefly topping $70,000 on Monday. Risk sentiment weakened as markets focused on U.S. President Donald Trump’s 8 p.m. ET deadline for Iran to reopen the Strait of Hormuz. Bitcoin ETFs recorded $471.3 million in combined daily inflows, the strongest since late […]
Read moreApril 7, 2026 1:39 pm
Key Moments GBP/USD pares earlier gains and stalls near 1.3240 during the European session as risk sentiment deteriorates. Iran rejects a US-backed temporary ceasefire, insisting on a permanent deal tied to reopening the Strait of Hormuz. Market participants await both President Trump’s response to Iran ahead of the Tuesday 08:00 PM ET deadline and the […]
Read moreApril 7, 2026 1:25 pm
Key Moments March CPIF inflation slowed to 1.6% year-over-year versus a market expectation of 2.2%, according to TD Securities. CPIF ex-Energy fell to 1.1% year-over-year, undercutting the 1.5% market forecast and highlighting broad underlying softness. TD Securities argues that, unless the latest inflation weakness reverses quickly, the Riksbank may postpone interest rate increases despite its […]
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