April 3, 2026 6:37 am
Key Moments EUR/USD traded around 1.1540 during Asian hours, remaining below both the nine-day and 50-day EMAs. Initial support sat at the eight-month low of 1.1411, with further downside pointing toward the descending channel near 1.1250. The 14-day RSI hovered around 45, indicating subdued momentum and a slight edge for sellers. Technical Overview of EUR/USD […]
Read moreApril 3, 2026 6:19 am
Key Moments GBP/USD trades near 1.3230 in Asian dealings after a prior session pullback, with activity expected to be muted by the Good Friday holiday. Markets are factoring in the likelihood of two Bank of England rate hikes in 2026 amid higher energy prices and ongoing inflation worries, though Governor Andrew Bailey has cautioned that […]
Read moreApril 3, 2026 6:04 am
Key Moments NZD/USD trades near 0.5710 in Friday’s Asian session, hovering close to a four-month low China’s RatingDog Services PMI fell to 52.1 in March from 56.7 in February, missing the 53.7 consensus Markets await U.S. March Nonfarm Payrolls, with 60,000 job gains and a 4.4% Unemployment Rate expected NZD Under Pressure in Thin Holiday […]
Read moreApril 2, 2026 2:11 pm
Key Moments Commerzbank’s Michael Pfister highlights that rising U.S. imports from Mexico in 2025 have helped shield the Peso from recent U.S. tariff shocks. High USMCA compliance and differentiated sector exposure relative to Canada are cited as key supports for Mexican exports and the currency. Pfister sees room for Banxico to prioritize weak domestic growth […]
Read moreApril 2, 2026 1:39 pm
Key Moments GBP/USD enters Q2 near a turning point after slipping from the 1.36 area to the low 1.33s in Q1. US Dollar gains support from safe-haven demand, rising oil prices, and geopolitical tensions. UK inflation could rise toward 3.5%–4% as energy shocks hit the economy. Q1 Recap: Sterling Loses Momentum The British pound started […]
Read moreApril 2, 2026 9:17 am
Key Moments Bitcoin dropped 2.9% to $66,465.7, moving lower within its recent trading range. Risk-sensitive assets, including cryptocurrencies and equities, declined after President Trump signaled intensified U.S. military action against Iran in the coming weeks. Bitcoin spot ETFs recorded a $1.2 billion net inflow in March, their first monthly inflow since October, despite Bitcoin remaining […]
Read moreApril 2, 2026 8:59 am
Key Moments RBI has immediately barred authorized dealers from offering INR non-deliverable derivatives to both resident and non-resident users. MUFG expects the new rules to widen the gap between onshore and offshore USD/INR markets while providing short-term support for the Rupee. Despite the regulatory squeeze, MUFG still anticipates structural INR weakness and considers higher USD/INR […]
Read moreApril 2, 2026 8:46 am
Key Moments NZD/USD trades around 0.5710 after falling nearly 0.8% during Thursday’s European session, reversing two days of gains. The pair is holding just above immediate support at 0.5699, a four-month low, with the 14-day RSI at 35 signaling weak momentum. New Zealand Dollar is the weakest against the US Dollar today, with NZD/USD showing […]
Read moreApril 2, 2026 8:22 am
Key Moments GBP/JPY trades below 211.00 after reversing part of its rebound from the 209.70-209.65 area near a four-week low. Escalating Middle East tensions and renewed risk aversion bolster the Japanese Yen’s safe-haven appeal against the British Pound. Fresh strength in Crude Oil prices and stagflation concerns for Japan complicate the outlook for Bank of […]
Read moreApril 2, 2026 8:05 am
Key Moments AUD/USD falls 0.7% to around 0.6870 in late Asian trading. Risk-off sentiment weighs on the Australian Dollar. S&P 500 futures drop 1.25%, just under 6,500. Meanwhile, the US Dollar Index rises 0.5% toward 100.00. Technical setup turns more bearish below the 20-day EMA near 0.6970. Support lies at 0.6833, with downside scope toward […]
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