Monthly Archives: April 2026
In April, Eurozone services sentiment registered 0.9, falling short of the 3.8 forecast
Written on April 29, 2026 at 7:53 pm, by davin
Eurozone services sentiment slowed to 0.9 in April, missing the 3.8 forecast by 2.9 points.
Ahead of the Fed’s rate decision, the US Dollar Index stays near 99.00 after two days’ gains
Written on April 29, 2026 at 7:24 pm, by davin
Dollar holds near $99 on Fed caution, Iran tensions; rates seen steady, oil surge dampens risk appetite.
After CPI figures, the Australian Dollar stays muted as traders await the Fed; AUD/USD hovers near 0.7160
Written on April 29, 2026 at 7:23 pm, by davin
AUD/USD slipped to 0.7160 as safe-haven USD rose; soft Australian CPI weighed, while RBA hike expectations limited losses.
Commerzbank’s Volkmar Baur says softer Australian inflation lowers confidence in another RBA rate rise next week
Written on April 29, 2026 at 6:54 pm, by davin
Australia inflation nudges to 4.6%, trimmed mean 3.5%, reducing odds of another RBA rate hike next week.
TD Securities says Canada’s fiscal update holds rate expectations steady, with FY26-27 deficits unchanged despite new measures
Written on April 29, 2026 at 6:53 pm, by davin
Spring Economic Update keeps deficit near Budget 2025; CAD 37.5bn measures funded; issuance steady, markets muted.
UOB strategists observe USD/JPY fluctuates within a higher range, briefly dipping, rebounding, yet staying capped near 159.6
Written on April 29, 2026 at 6:24 pm, by davin
USD/JPY ends near 159.61, mild momentum improves; ranges persist 159.25–159.90 intraday, 159.00–160.50 weeks.
Ahead of the Fed decision, XAG/USD hovers near $73.10, rising from $72 but failing $74
Written on April 29, 2026 at 6:23 pm, by davin
Silver rebounded from three-week lows near $72, stayed under $74 as markets awaited the Fed decision.
European trading lifts Dow futures near 49,350 as S&P, Nasdaq futures rise before tech earnings, Fed decision
Written on April 29, 2026 at 5:54 pm, by davin
Dow, S&P, Nasdaq futures edge higher before Big Tech earnings and Fed decision; Wall Street ends lower.
Geoff Yu at BNY says dollar strength stems from terms-of-trade gains and trade-weighted holdings, limiting rebalancing downside
Written on April 29, 2026 at 5:53 pm, by davin
Dollar strength reflects favorable terms-of-trade shock; elevated holdings curb rebalancing, raising hurdle for technical selling.
Italy’s consumer confidence slips to 90.8, declining from the prior reading of 92.6 in April
Written on April 29, 2026 at 5:23 pm, by davin
Italy’s consumer confidence slipped to 90.8 in April from 92.6, signaling weakening household sentiment.
