Monthly Archives: April 2026
Scotiabank says the Canadian dollar holds steady mid-range, as April’s weaker US dollar narrows valuation gap
Written on April 23, 2026 at 1:21 am, by davin
USD/CAD steady mid-range as USD weakens; CAD near fair value, oil helps slightly; bearish trend persists.
Nomura expects rising energy costs to curb eurozone growth, easing inflation amid weakening jobs and slower wages
Written on April 23, 2026 at 1:21 am, by davin
Nomura: higher energy costs will hurt eurozone growth more than fuel persistent inflation, amid slack and slower wages.
OCBC strategists warn Brent nearing $100, as disrupted Hormuz flows stoke oil-driven stagflation fears globally
Written on April 23, 2026 at 12:52 am, by davin
Brent crude nears $100 as Hormuz disruption persists, risking low inventories, weakening demand, higher inflation, slower growth.
Canada’s annual new housing price index fell to -2.3% in March, down from -2.1% previously
Written on April 23, 2026 at 12:51 am, by davin
Canada’s New Housing Price Index fell 2.3% year-on-year in March, accelerating slightly from February’s 2.1% decline.
Societe Generale’s Kit Juckes expects EUR/USD to trade sideways, as policy and geopolitical risks outweigh fundamentals
Written on April 23, 2026 at 12:21 am, by davin
Societe Generale’s Kit Juckes sees EUR/USD range-bound near 1.14, with potential rise toward 1.20 soon.
Commerzbank economists Weidensteiner and Balz evaluate Warsh’s Fed Chair prospects, warning of risks and postponed cuts
Written on April 23, 2026 at 12:21 am, by davin
Commerzbank warns Warsh may face Trump pressure, doubt AI disinflation, and foresee premature Fed rate cuts.
UOB notes USD/JPY reached 159.37, may revisit 159.65, but progress stays muted within 157.55–160.50 range
Written on April 22, 2026 at 11:51 pm, by davin
USD/JPY climbed to 159.64 then closed 159.37; momentum steady, support 159.00/158.75, capped below 162.00 range.
EUR/USD holds near 1.1745 in Europe, as dollar softens; 1.1825 Fibonacci barrier restrains advances
Written on April 22, 2026 at 11:51 pm, by davin
EUR/USD holds near 1.1745 as dollar softens; traders eye ECB decision; bullish bias above key support.
GBP/USD edges up near 1.3515 as UK inflation is weighed, while robust US figures cap Pound gains
Written on April 22, 2026 at 11:22 pm, by davin
GBP/USD rose near 1.3515 after UK inflation met forecasts; markets weighed BoE outlook and strong US retail sales.
Lithuania’s central bank head Simkus said the ECB should avoid April hikes, though 2024 rises remain possible
Written on April 22, 2026 at 11:21 pm, by davin
ECB’s Simkus says 2024 rate hike possible, urges no April 30 cut; euro steady near 1.1745.
