Monthly Archives: April 2026
MUFG’s Lee Hardman says Middle East tensions drove the US dollar higher, pushing DXY towards 98.500
Written on April 21, 2026 at 2:21 am, by
US dollar rises as US–Iran tensions flare, Strait of Hormuz uncertainty boosts DXY toward 200-day average.
Oil-fuelled Yen softness from Hormuz tensions leaves sterling pressing near peaks, maintaining bullish control

Written on April 21, 2026 at 2:21 am, by
GBP/JPY rebounds as Hormuz tensions lift oil, pressure yen; BoE cuts may delay, BoJ hikes pause.
Rabobank’s Jane Foley says intervention fears keep USD/JPY below 160 as the yen remains G10’s weakest currency

Written on April 21, 2026 at 1:51 am, by
Yen remains weakest G10; USD/JPY near 160 ahead of BOJ and Fed meetings, risking intervention if rising.
TD foresees UK jobs stabilising, unemployment edging lower, pay growth easing, and the MPC watching expectations closely

Written on April 21, 2026 at 1:51 am, by
TD Securities forecasts UK labour stabilisation: unemployment 5.1%, jobs +50k, wage growth easing; MPC eyes inflation expectations.
Statistics Canada reported Canada’s annual CPI inflation rose to 2.4% in March, missing 2.5% forecasts
Written on April 21, 2026 at 1:21 am, by
Canada’s March inflation climbed to 2.4% annually, below forecasts; core CPI rose; USD/CAD steady.
Despite reduced BoE hike bets, Sterling remains resilient; Starmer scrutiny may undermine sentiment, ING expects steady rates

Written on April 21, 2026 at 1:20 am, by
Sterling steady as BoE hike bets fade; political risks weigh, ING eyes 1.3380-1.3400, oil key.
Canada’s core CPI monthly rate holds at 0% in March, easing from the previous 0.2%

Written on April 21, 2026 at 12:51 am, by
Canada’s core CPI was flat in March, easing to 0% month-on-month from 0.2% previously.
Canada’s monthly Consumer Price Index rose 0.9% in March, undershooting the expected 1.1% estimate

Written on April 21, 2026 at 12:50 am, by
Canada’s CPI rose 0.9% in March, missing the 1.1% forecast, signaling slower-than-expected inflation momentum.
Canada’s BoC core annual consumer inflation rose to 2.5%, from 2.3% previously during March data release
Written on April 21, 2026 at 12:21 am, by
Bank of Canada core CPI rose to 2.5% in March, up from 2.3% previously, indicating higher inflation.
Canada’s BoC core consumer price index monthly growth slows to 0.2%, easing from 0.4% previously

Written on April 21, 2026 at 12:20 am, by
Bank of Canada’s core CPI rose 0.2% in March, easing from 0.4%, indicating slower inflation momentum.