April 2, 2026 7:48 am
Key Moments USD/CHF trades near 0.7985 in early European hours as the U.S. Dollar gains on the Swiss Franc. Swiss March CPI is expected to show a 0.5% monthly and annual rise, with the data due for release on Thursday. Markets are looking ahead to Friday’s U.S. Nonfarm Payrolls, forecast at 60,000, with the Unemployment […]
Read moreApril 2, 2026 7:31 am
Key Moments AUD/JPY trades near 109.60 in Asian hours on Thursday. However, the pair slips after a two-day advance. Australia’s February Trade Surplus jumps to AUD 5,686 million. This marks the strongest reading in seven months. Meanwhile, BoJ board member Toichiro Asada signals a cautious, data-driven stance ahead of the April meeting. Geopolitical Headwinds Weigh […]
Read moreApril 2, 2026 6:53 am
Key Moments EUR/JPY trades near 183.90 after two consecutive sessions of gains, easing back during Asian hours on Thursday. The cross is consolidating within an ascending triangle, with initial resistance near 184.70 and immediate support at the nine-day EMA around 183.80. RSI near 52 and prices holding above the 50-day EMA point to a mildly […]
Read moreApril 2, 2026 6:36 am
Key Moments EUR/USD slid below 1.1550 during Thursday’s Asian session amid renewed demand for the US Dollar Stronger expectations for a Federal Reserve rate hike added support to the USD and weighed on the euro Failure to clear the 200-period EMA on the 4-hour chart kept the short-term bias skewed to the downside Dollar Strength […]
Read moreApril 2, 2026 6:24 am
Key Moments USD/CAD trades near 1.3900 after rebounding during Asian hours on Thursday, ending a two-day losing streak. Remarks from US President Donald Trump on Iran and the Middle East support the US Dollar by maintaining elevated geopolitical risk. West Texas Intermediate (WTI) crude climbs nearly 5% to about $98.90 per barrel, offering some support […]
Read moreApril 1, 2026 2:25 pm
Key Moments Rabobank’s Jane Foley highlights higher energy prices and a more hawkish Norges Bank as key supports for NOK. Norway’s strong Oil and gas export profile and relatively limited exposure to the energy crisis are cited as underpinnings of NOK resilience. Rabobank expects further NOK gains versus EUR and GBP, targeting EUR/NOK downside and […]
Read moreApril 1, 2026 1:58 pm
Key Moments Scotiabank strategists see room for a meaningful Canadian Dollar recovery following a 1.4% decline in Q1. The bank’s fair value estimate for USD/CAD stands at 1.3495, indicating notable CAD undervaluation versus spot levels. USD/CAD momentum has eased from overbought territory, with strategists watching a short-term range of 1.3850-1.3950. CAD Lags Despite Broad-Based USD […]
Read moreApril 1, 2026 1:03 pm
Key Moments GBP/NZD is stabilizing; however, downside risks persist as the nine-day average stays below the 21-day. The RBNZ held rates steady and kept its OCR outlook mostly unchanged, surprising markets that expected hikes later this year. Meanwhile, UK political risks, including a key by-election, may limit GBP/NZD upside in the near term. Technical Backdrop: […]
Read moreApril 1, 2026 12:25 pm
Key Moments USD/CHF has fallen from above 0.8040 to session lows around 0.7925, slipping below 0.7930. Comments from U.S. President Donald Trump about a potential quick resolution to the Iran war weighed on the US Dollar. USD/CHF is nearing trendline support at 0.7910, with a break seen as a potential confirmation of a broader trend […]
Read moreApril 1, 2026 10:03 am
Key Moments EUR/GBP traded around 0.8725 on Wednesday, down 0.10% as Pound Sterling stayed supported by expectations of tighter UK monetary policy. Eurozone HCOB Manufacturing PMI for March was revised up to 51.6, the strongest level in 44 months, with gains led by Germany and Italy. Preliminary Eurozone annual inflation for March came in below […]
Read more