April 4, 2026 8:04 am
The GBP/JPY currency pair settled above recent low of 209.62, its weakest level since March 5th. The Sterling drew certain support from market expectations that the Bank of England will likely deliver two interest rate hikes in 2026. Those expectations are being shaped by persistent inflation concerns and the impact of rising energy prices. At […]
Read moreApril 3, 2026 2:01 pm
Key Moments The rupee breached 95 per dollar and hit a record intraday low of 95.12, making it Asia’s worst-performing currency over the past year. The Reserve Bank of India’s $100 million end-of-day position cap on banks backfired, undermining confidence in its ability to defend the rupee. A weaker rupee, surging oil prices, and rising […]
Read moreApril 3, 2026 12:45 pm
Key Moments USD/JPY trades near 159.58 in subdued holiday conditions as markets await the US Nonfarm Payrolls report. Japan’s Finance Minister reiterates authorities are “ready to act firmly” against excessive FX volatility around the 160 level. Rate expectations diverge, with markets pricing in a roughly 70% chance of a BoJ hike in April while Fed […]
Read moreApril 3, 2026 11:57 am
Key Moments AUD/USD retreated toward the 0.6900 area after failing to break above 0.6920. Geopolitical tensions around Iran and the ongoing closure of the Strait of Hormuz supported demand for the US Dollar. Australian trade surplus widened to 5,686 million in February, exceeding expectations and aligning with a hawkish RBA stance. Australian Dollar Loses Momentum […]
Read moreApril 3, 2026 10:07 am
Key Moments Bitcoin last traded flat at $66,654.7 by 02:19 ET (06:19 GMT), with weekly performance largely unchanged. Market sentiment was restrained by escalating rhetoric around the U.S.-Iran conflict and uncertainty ahead of the U.S. nonfarm payrolls report. Major altcoins saw limited moves, with Ethereum up 0.4% to $2,058.92 and XRP 0.2% higher at $1.32, […]
Read moreApril 3, 2026 8:16 am
Key Moments EUR/JPY trades around 184.15 in early European hours on Friday, holding above the 100-day EMA near 182.10. ECB policymakers’ hawkish comments lend support to the Euro, while Middle East tensions underpin safe-haven demand for the Yen. Key technical levels include support at 183.50 and 182.50-182.10, with resistance at 184.80 and then the 186.00 […]
Read moreApril 3, 2026 7:51 am
Key Moments: EUR/GBP traded near 0.8720 after rebounding from support at 0.8700, having gained nearly 1% over the last three weeks. Technical signals point to softening upside momentum, with MACD slipping below zero even as RSI remains above its midpoint. The Euro showed broad strength on the day, particularly against the New Zealand Dollar, while […]
Read moreApril 3, 2026 7:14 am
Key Moments USD/CAD trades around 1.3925, holding above 1.3900 and staying close to its 1.3966 year-to-date high. Markets focus on the upcoming U.S. Nonfarm Payrolls release amid thin Good Friday liquidity. Canada’s merchandise trade deficit widened to CAD 5.74 billion in February as imports surged to a record CAD 72.05 billion. Dollar Retains Momentum as […]
Read moreApril 3, 2026 7:02 am
Key Moments GBP/USD traded around 1.3230 during Asian hours on Friday after falling more than 0.5% in the prior session. The pair stayed confined within a descending channel, with key support near 1.3150 and resistance at the nine-day EMA around 1.3273. The 14-day RSI hovered in the low-40s, signaling weak downside momentum without yet indicating […]
Read moreApril 3, 2026 6:52 am
Key Moments USD/CHF hovered around 0.7980 after gaining more than 0.5% in the previous session amid thin Good Friday liquidity. Safe-haven demand for the US Dollar persisted following renewed tensions and threats involving Iran and the United States. Swiss inflation rose to 0.3% YoY in March, the highest in a year but below forecasts, keeping […]
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