Monthly Archives: April 2026
Lagarde told the IMF committee that ECB inflation may exceed expectations outlined in its baseline forecast
Written on April 18, 2026 at 2:50 am, by davin
Lagarde warned euro area inflation uncertainty rose after Middle East war, with upside risks from wages, expectations.
Commerzbank analysts say the International Copper Study Group expects 2026 deficits and further tightening into 2027 ahead
Written on April 18, 2026 at 2:21 am, by davin
ICSG now expects copper deficits through 2026-2027, despite rising Chinese output, tightening markets and supporting prices.
GBP/JPY edges lower as Iran hints at reopening Hormuz, oil falls, and the yen outperforms sterling
Written on April 18, 2026 at 2:21 am, by davin
GBP/JPY dipped to 215.05 as firmer Yen, easing oil fears; resistance 216.39, support 212.92.
BBH’s Elias Haddad says markets are consolidating, as investors monitor whether the US-Iran ceasefire endures
Written on April 18, 2026 at 1:51 am, by davin
Markets consolidate amid US-Iran ceasefire watch; oil under $100, stocks pause; BBH sees rangebound, bearish dollar.
UOB strategists say GBP/USD reversed near 1.3600, with weaker momentum confining declines to 1.3495–1.3555 range
Written on April 18, 2026 at 1:50 am, by davin
GBP/USD retreated from near 1.3600; expected 1.3495–1.3555. Momentum fading; break below 1.3480 confirms reversal.
Washington weighs a $20bn Iran agreement, drafting measures to curb uranium enrichment and ease conflict talks
Written on April 18, 2026 at 1:21 am, by davin
US-Iran talks weigh releasing $20bn frozen funds for uranium reduction, enrichment pause, and conflict-ending plan.
ING expects USD/CAD to ease by year-end as Fed cuts weaken the dollar; Canada faces headwinds
Written on April 18, 2026 at 1:20 am, by davin
ING forecasts USD/CAD drifting lower by year-end on Fed cuts, despite muted Canadian support and USMCA risks.
With Middle East updates awaited, the New Zealand Dollar eases versus the US Dollar, near 0.5885 below 0.5900
Written on April 18, 2026 at 12:51 am, by davin
NZD/USD slipped to 0.5885, below 0.5900, as markets eyed US-Iran talks and reduced rate-cut bets.
UOB strategists say GBP/USD lost momentum after 1.3600, with falls likely limited to 1.3495–1.3555 range
Written on April 18, 2026 at 12:51 am, by davin
GBP/USD neared 1.3600 then reversed; range 1.3495–1.3555. Momentum weak; break below 1.3495 unlikely soon.
In February, Canada’s portfolio investment in foreign securities rose to $25.36B, from $11.39B previously
Written on April 18, 2026 at 12:21 am, by davin
Canadian portfolio investment abroad increased to $25.36bn in February from $11.39bn, accelerating overseas buying pace.
