Monthly Archives: April 2026
MUFG’s Michael Wan says RBI curbs on rupee derivatives and USD/INR positions bolster INR, splitting markets
Written on April 2, 2026 at 7:54 pm, by davin
RBI banned non-deliverable INR derivatives for dealers, widening onshore-offshore splits, boosting NDF yields, influencing rupee outlook.
EUR/GBP rebounds from 0.8740, holds above 0.8700, and rises towards 0.8720 as euro outperforms pound
Written on April 2, 2026 at 7:53 pm, by davin
EUR/GBP eases from 0.8740, rebounds near 0.8700; Euro resilient. Resistance 0.8752; support 0.8704.
Commerzbank economists say Iran war-driven oil rises will lift US inflation; March CPI seen at 0.9% monthly
Written on April 2, 2026 at 7:53 pm, by davin
Commerzbank warns Iran-war oil shock boosting US inflation; March CPI seen 0.9% m/m, 3.3% y/y.
A Reuters poll shows 32 economists expect RBNZ to keep the Official Cash Rate at 2.25% unchanged
Written on April 2, 2026 at 7:24 pm, by davin
Reuters poll: economists see RBNZ holding OCR at 2.25% April 8, rising to 2.50% by year-end.
NZD/USD hovers near 0.5710, down 0.8%, staying bearish within a descending channel at four-month lows
Written on April 2, 2026 at 7:24 pm, by davin
NZD/USD drops 0.8%, remains in descending channel; RSI weak, support 0.5699/0.5640; resistance 0.5764/0.5857.
Commerzbank economists predict Iran conflict-driven oil rises will lift US inflation, with March CPI accelerating markedly overall
Written on April 2, 2026 at 7:23 pm, by davin
Commerzbank economists warn Iran war-driven oil surge could boost US inflation; March CPI seen at 3.3% annually.
Overnight, equities fell; June E-mini S&P futures cleared 6,595–6,605, triggering stops for shorts above 6,620
Written on April 2, 2026 at 7:23 pm, by davin
Emini futures broke key resistance, triggered stops, then reversed sharply; traders watch nearby support and overhead targets.
Following Trump’s remarks, sentiment deteriorates, prompting a rebound in the US Dollar, shaping market focus
Written on April 2, 2026 at 6:54 pm, by davin
Safe-haven demand returns as Trump warns Iran; stocks slide, dollar rises, oil rebounds; gold drops sharply.
After brief gains, NZD/USD drops about 0.8%, hovering near 0.5710; charts show bearish channel bias
Written on April 2, 2026 at 6:54 pm, by davin
NZD/USD slid 0.8% to 0.5710, staying bearish; key support 0.5699/0.5640, resistance 0.5820.
Overnight, equity markets fell; E-mini S&P June futures breached 6,595-6,605, stopping shorts above 6,620
Written on April 2, 2026 at 6:53 pm, by davin
Emini futures broke resistance, triggered buys, then reversed sharply; key supports and resistances outlined for S&P, Nasdaq, Dow.
