Monthly Archives: April 2026
In Europe, EUR/USD rallies past 1.1570 to weekly highs as the euro shrugs off earlier weakness
Written on April 7, 2026 at 9:08 pm, by davin
Euro hits weekly high above 1.1570 as services PMI revised up; markets cautious amid Iran deadline tensions.
Societe Generale analysts say UK calm persists, gilt yields ease, and Bailey curbs expectations for BoE hikes
Written on April 7, 2026 at 9:07 pm, by davin
UK gilt yields slipped as BoE hike bets eased; inflation expectations rose, incomes fell, housing softened.
EUR/CAD trades near 1.6100 as ECB’s hawkish stance underpins euro demand during European session Tuesday
Written on April 7, 2026 at 8:54 pm, by davin
EUR/CAD climbs near 1.6100 as hawkish ECB supports euro, while weaker CAD, oil dips, geopolitical risks.
FXStreet data show silver up 0.12% to $72.88 per ounce, from $72.79 previously
Written on April 7, 2026 at 8:53 pm, by davin
Silver rose to $72.88 Tuesday, up 0.12%; year-to-date gains 2.52%, gold/silver ratio climbs.
During European hours, EUR/CAD trades near 1.6100, with the euro lifted by hawkish ECB messaging
Written on April 7, 2026 at 8:38 pm, by davin
EUR/CAD climbed near 1.6100 as ECB stayed hawkish; weaker CAD followed oil retreat and Hormuz tensions.
FXStreet data shows silver climbing, trading at $72.88 per troy ounce, up 0.12% on Monday
Written on April 7, 2026 at 8:37 pm, by davin
Silver rose 0.12% to $72.88; up 2.52% YTD, with gold/silver ratio at 64.29.
UK S&P Global Composite PMI recorded 50.3, missing the 51 forecast during March, reflecting weaker activity
Written on April 7, 2026 at 8:24 pm, by davin
UK’s March composite PMI slipped to 50.3, missing forecasts, but staying marginally above expansion threshold.
Dated Brent holds near $141 per barrel as Hormuz disruptions constrain supply, Societe Generale analysts say
Written on April 7, 2026 at 8:23 pm, by davin
Brent hits $141 amid Hormuz disruption; scenarios span $125 to $200+, with inventories normalizing late-2026.
Societe Generale analysts say Dated Brent at $141 reflects tight supply, as Hormuz disruptions persist
Written on April 7, 2026 at 8:08 pm, by davin
Brent hits $141 on Hormuz disruption; scenarios span $125–$200+, with tolls, prolonged conflict, and slow inventory rebuild.
Ahead of Trump’s Iran deadline, traders turn cautious as US index futures decline in European hours
Written on April 7, 2026 at 8:07 pm, by davin
US stock futures slip as Trump sets Hormuz deadline, Iran threatens Gulf energy assets; Fed steady expected.
