Monthly Archives: April 2026

A senior Iranian official declined a US two-tier temporary ceasefire plan, conveyed via Pakistan, Reuters reported

Written on April 7, 2026 at 10:24 pm, by

Iran rejected a temporary US ceasefire proposal, demanding strike halt guarantees, compensation, and Hormuz transit fees.

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.

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