Monthly Archives: April 2026

After Eurozone and UK services data, EUR weakens for two days, nearing 0.8700 against GBP

Written on April 7, 2026 at 10:23 pm, by

Euro dips versus Pound, nears 0.8700 despite Eurozone PMI revision; UK services PMI downgraded, correction noted.

NBC economists Marion and Dahms link EUR/USD’s slow rebound to Hormuz tensions following Iran conflict effects

Written on April 7, 2026 at 10:08 pm, by

Euro weakened on Iran tensions; outlook sees 1.13 Q2 low, 1.18 Q4, ECB hold, oil risks.

Ahead of Trump’s Iran deadline, the rupee strengthens, pushing USD/INR down towards 93.00 on Tuesday

Written on April 7, 2026 at 10:07 pm, by

USD/INR slips toward 93.00 as rupee firms; Hormuz deadline, oil risks, RBI decision keep range-bound.

NBC economists say EUR weakness follows Iran conflict and energy shock; EUR/USD recovery relies on Hormuz risks

Written on April 7, 2026 at 9:54 pm, by

Euro slumped over 2% in March amid Iran-linked energy shock; outlook hinges on de-escalation, oil prices.

Ahead of Trump’s Iran deadline, the rupee strengthens, pushing USD/INR lower towards the 93.00 level

Written on April 7, 2026 at 9:53 pm, by

Indian Rupee edges up as USD/INR nears 93.00; Hormuz deadline, oil risks, RBI decision, Fed minutes.

Katayama said Japan is managing economic risks, while Middle East war duration shapes cost projections

Written on April 7, 2026 at 9:38 pm, by

Japan vows to curb Middle East war risks, maintain fiscal trust, consult oil producer; extra budget undecided.

UOB analysts report USD/JPY traded calmly around 159.28–159.82, ending at 159.68, staying below 162.00

Written on April 7, 2026 at 9:37 pm, by

USD/JPY held firm, range-bound near 159.68; near-term 159.40–159.95, broader 158.80–160.45; upside capped around 162.00.

As market mood improves, the euro recovers against the dollar, climbing above 1.1570 to weekly highs

Written on April 7, 2026 at 9:24 pm, by

EUR/USD hits one-week high above 1.1570 as Eurozone services PMI revised up; risk sentiment cautious.

Societe Generale economists say UK outlook weakens amid energy shock; Gilts fall as BoE hike expectations ease

Written on April 7, 2026 at 9:23 pm, by

UK gilt yields drop as Bailey dampens rate-hike bets; CPI expectations rise, wages soften, incomes fall.

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

Euro hits weekly high above 1.1570 as services PMI revised up; markets cautious amid Iran deadline tensions.

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