Monthly Archives: April 2026
USD/CHF hovers around 0.7820, near a month’s low, as easing US-Iran tensions and softer inflation pressure Dollar
Written on April 16, 2026 at 4:51 am, by davin
USD/CHF hovered near 0.7820 as dollar weakened on easing US-Iran tensions and soft inflation data.
MUFG’s Michael Wan says weaker US dollar aids Asian currencies, while export strength drives uneven regional gains
Written on April 16, 2026 at 4:21 am, by davin
Asian currencies gained as dollar weakened post-Iran conflict; MUFG favors CNY and MYR amid varied performances.
RBC’s Abbey Xu says Canadian card spending rose slightly in March, stabilising despite weak discretionary goods
Written on April 16, 2026 at 4:21 am, by davin
RBC says Canadian card spending rose modestly in March; higher petrol prices boosted essentials, discretionary goods remained weak.
In April, America’s NAHB housing market index registered 34, undershooting the anticipated 37 by three points
Written on April 16, 2026 at 3:51 am, by davin
NAHB Housing Market Index fell to 34 in April, missing expectations of 37, signaling weaker US homebuilder sentiment.
PBR trades near a thrice-tested trendline, suggesting mounting weakness, after rising from teens to about $22.25
Written on April 16, 2026 at 3:51 am, by davin
PBR’s uptrend faces pressure; confirmed closes below trendline signal breakdown risk, while $22.25 reclaim suggests upside.
EUR/GBP trades unevenly as investors monitor Middle East updates, cautiously optimistic about potential US-Iran negotiations success
Written on April 16, 2026 at 3:21 am, by davin
EUR/GBP steadied near 0.8694 as Middle East tensions, oil-linked inflation, and rate expectations supported Euro over Pound.
Michiel Tukker of ING expects no April hike, as oil volatility leaves markets pricing rises later
Written on April 16, 2026 at 3:20 am, by davin
ING’s Tukker doubts ECB April hike; oil volatility complicates outlook. Markets still see June rise, more.
Cleveland Fed President Beth Hammack told CNBC sustained elevated energy prices may lift inflation yet restrain growth
Written on April 16, 2026 at 2:51 am, by davin
Hammack says watch energy prices; Fed likely holds rates, inflation still above target, reserves and independence crucial.
Scotiabank strategists say CAD remains slightly weaker, yet undervaluation narrows; further gains require reduced USD haven demand
Written on April 16, 2026 at 2:51 am, by davin
Scotiabank sees Canadian dollar slightly weaker, narrowing undervaluation; USD/CAD range-bound, bearish trend persists; key support/resistance noted.
BBH expects DXY to stay rangebound, with risk sentiment bottomed and rate differentials driving it henceforth
Written on April 16, 2026 at 2:21 am, by davin
BBH sees DXY rangebound at 96-100, driven by rate differentials as risk sentiment stabilizes post-March.
