Monthly Archives: April 2026
As oils strengthens the Canadian dollar, USD/CAD nears six-week lows amid a broadly weaker US dollar
Written on April 28, 2026 at 4:53 am, by davin
USD/CAD slips to 1.3610 as dollar weakens; Iran talks lift sentiment, oil supports loonie ahead BoC/Fed.
Standard Chartered expects the ECB to hold 2.00% on 30 April as conflict drives cautious monitoring
Written on April 28, 2026 at 4:24 am, by davin
Strategists expect ECB to hold 2.00% April 30; June hike risk rises if Hormuz remains closed.
April saw the US Dallas Fed manufacturing index slip to -2.3 from -0.2 previously
Written on April 28, 2026 at 4:23 am, by davin
Dallas Fed Manufacturing Business Index slipped to -2.3 in April, indicating weaker factory activity than prior reading.
BNY’s Bob Savage says Iran offered the US a deal to reopen Hormuz, end war; nuclear talks delayed
Written on April 28, 2026 at 3:54 am, by davin
Iran offers US staged deal: reopen Strait of Hormuz and end war, delaying nuclear talks.
Domino’s Pizza edges towards weak support at $303.68, after closing at $367.83 with 20,000 locations worldwide
Written on April 28, 2026 at 3:53 am, by davin
Domino’s stock closed $367.83; key support $303.68. Downtrend persists, rebounds fade; $420 weekly close shifts structure.
EUR/GBP weakens within 0.8600–0.8800 as sterling outperforms; Eurozone PMIs falter, BoE tightening expectations rise
Written on April 28, 2026 at 3:24 am, by davin
EUR/GBP slips as weak Eurozone PMIs boost stagflation fears, while resilient UK data drives BoE tightening expectations.
With major tech earnings imminent, the AI-driven rally faces scrutiny as markets return to record highs
Written on April 28, 2026 at 3:23 am, by davin
S&P 500 rebounds as Magnificent Seven earnings loom; investors watch AI-driven cloud growth, ad demand and margins.
TD Securities’ Munoz and Nir say US releases—GDP, PCE inflation, ISM manufacturing and confidence—will steer dollar traders
Written on April 28, 2026 at 2:54 am, by davin
Key US data week: GDP, PCE, ISM, confidence; oil and tariffs may boost inflation, sway dollar.
GBP/JPY retreats as Westminster tensions weigh on Sterling, while the weaker Yen caps further declines
Written on April 28, 2026 at 2:53 am, by davin
GBP/JPY dips as Pound weakens on UK politics; Yen stays soft. Rate gap supports, central banks steady.
Rabobank strategists still expect the Federal Reserve to cut rates once more this year, despite rising Treasury yields
Written on April 28, 2026 at 2:23 am, by davin
Rabobank expects another Fed rate cut this year as Treasury yields rise on inflation risks concerns.
