Monthly Archives: April 2026

Amid a continued US blockade, Iran attacked three Hormuz Strait ships, escorting two into Iranian waters

Written on April 23, 2026 at 1:51 pm, by

Iran fired on three ships in Hormuz, escorting two into Iran; US says ceasefire unbroken.

WTI crude remains supported above $92, easing from Asian highs near $95.85 as Middle East tensions persist

Written on April 23, 2026 at 1:51 pm, by

WTI crude rose to $95.85, then eased above $92 amid Hormuz tensions and declining US stockpiles.

NZD/USD trades near 0.5910, extending four-day uplift as easing Iran tensions weaken the safe-haven US Dollar

Written on April 23, 2026 at 1:21 pm, by

NZD/USD held near 0.5910 as weaker dollar offset Iran tensions; NZ trade deal support, outlook downgraded.

PBOC fixed USD/CNY at 6.8650, above prior 6.8635 and Reuters’ 6.8294 estimate for upcoming trading session

Written on April 23, 2026 at 1:21 pm, by

PBOC set USD/CNY fixing at 6.8650, above estimates, highlighting policy goals, tools, control, and banks.

Nikkei 225 Pulls Back as Oil Tests AI-Led Rally

Written on April 23, 2026 at 12:59 pm, by

Nikkei 225 slips 1.45% as oil risk rises, even while Wall Street records and strong earnings keep Asia supported. | VT Markets

South Korea’s year-on-year GDP grew 3.6% in the first quarter, beating forecasts of 2.7%

Written on April 23, 2026 at 12:51 pm, by

South Korea’s GDP grew 3.6% year-on-year in the first quarter, beating market expectations of 2.7%.

MUFG’s Lloyd Chan says elevated geopolitical risks persist, yet REER valuations imply the rupiah is undervalued versus USD

Written on April 23, 2026 at 12:50 pm, by

Rupiah is undervalued; policy support curbs volatility. USD/IDR overbought; forecast 17,000 end-Q2, stabilisation then improvement.

GBP/USD hovers around 1.35 as traders await UK PMIs and retail sales amid choppy, uncertain trading

Written on April 23, 2026 at 12:21 pm, by

GBP/USD stayed rangebound near 1.3510 as UK CPI surprised; traders await UK, US PMIs data.

USD/JPY stabilises near 159.50 as traders await Japan’s CPI and US PMIs, signalling indecision

Written on April 23, 2026 at 12:21 pm, by

USD/JPY steadied near 159.50 as Japan trade surplus missed, oil stayed firm, and key data loomed.

OCBC’s Christopher Wong expects USD/KRW may rebound as bearish pressure eases and RSI climbs from oversold levels

Written on April 23, 2026 at 11:52 am, by

USD/KRW decline pauses; momentum eases, RSI rebounds. Wong sees 1492 rebound, 1460/64 support; ceasefire talks may boost risk.

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