Monthly Archives: April 2026
GBP/USD edges up near 1.3515 as UK inflation is weighed, while robust US figures cap Pound gains
Written on April 22, 2026 at 11:22 pm, by
GBP/USD rose near 1.3515 after UK inflation met forecasts; markets weighed BoE outlook and strong US retail sales.
Lithuania’s central bank head Simkus said the ECB should avoid April hikes, though 2024 rises remain possible
Written on April 22, 2026 at 11:21 pm, by
ECB’s Simkus says 2024 rate hike possible, urges no April 30 cut; euro steady near 1.1745.
BBH’s Elias Haddad says persistent UK inflation curbs BoE flexibility; rate-hike expectations look overdone amid slack
Written on April 22, 2026 at 10:51 pm, by
March UK inflation stayed above target: headline 3.3%, services 4.5%; markets price BoE hikes, BBH skeptical.
Rabobank’s Michael Every warns Europe faces energy disruption, Druzhba oil issues, and possible EU funding for Ukraine
Written on April 22, 2026 at 10:51 pm, by
Europe faces energy disruptions and escalation risks; EU €90bn to fund missiles, drones amid fuel constraints.
Silver edges up, yet stays below $78.00 as former $78.50 support now blocks further gains
Written on April 22, 2026 at 10:21 pm, by
Silver edged higher but stayed weak under $78 as Middle East tensions and strong dollar kept pressure.
South Africa’s year-on-year retail sales rose 1.6%, undershooting the 4.8% forecast in February
Written on April 22, 2026 at 10:21 pm, by
South Africa’s February retail sales grew 1.6% year-on-year, missing the 4.8% forecast by 3.2 points.
Data indicate silver trades at $78.10 per ounce, rising 1.90% from Tuesday’s $76.64
Written on April 22, 2026 at 9:52 pm, by
Silver climbed to $78.10/oz, up 1.9% Tuesday, nearly 10% YTD amid economic and geopolitical factors.
Societe Generale says Brent fell from highs after Trump extended Iran ceasefire, leaving oil’s recovery uncertain
Written on April 22, 2026 at 9:51 pm, by
Brent slips from highs after Trump extends Iran ceasefire; Hormuz reopening uncertain; $104 key, 50‑DMA support.
During European hours, EUR/CAD hovered near 1.6040, below 1.6050, as oil supported the Canadian Dollar
Written on April 22, 2026 at 9:22 pm, by
EUR/CAD neared 1.6040 as CAD gained from risk-on sentiment and firmer oil; ECB warned uncertainty.
Commerzbank’s Ghose says Turkey’s central bank faces split expectations; inaction could trigger a sharper lira sell-off
Written on April 22, 2026 at 9:21 pm, by
Markets split on Turkey rate decision; disinflation doubts, worsening balances pressure lira, managed FX, tightening needed to avoid selloff.
