Monthly Archives: April 2026
China’s central bank fixed the dollar-yuan midpoint at 6.8622, above 6.8616 prior and 6.8206 forecast
Written on April 17, 2026 at 7:19 am, by josephine
PBoC set USD/CNY fix at 6.8622, slightly higher; oversees stability, growth, reforms, using multiple policy tools.
WTI hovers near $89 in Asian trade as Lebanon alleges Israel breached their ceasefire agreement
Written on April 17, 2026 at 6:52 am, by josephine
WTI hovered near $89 as Israel-Lebanon ceasefire accusations rose; Trump signaled Iran talks and possible extension.
During the Asian session, XAG/USD edges 0.50% higher, consolidating near 50% Fibonacci, under $79.00 mark
Written on April 17, 2026 at 6:49 am, by josephine
Silver consolidates near 50% retracement below $79, fourth weekly gain; resistance $80-$81, support $77.01.
UOB’s Ho Woei Chen reviews China’s 1Q26 5.0% GDP rise, keeping 2026 growth at 4.7% amid headwinds
Written on April 17, 2026 at 6:26 am, by josephine
China’s Q1 2026 GDP grew 5.0%, meeting targets; risks persist; rate cut delayed to 3Q26.
Gold edges towards $4,800 as traders weigh inflation and potential progress in United States-Iran weekend talks
Written on April 17, 2026 at 6:23 am, by josephine
Gold rises to $4,795 amid easing tensions, persistent inflation, ceasefire efforts, and strong central-bank demand support.
New Zealand’s monthly electronic card retail sales growth slowed to 0.7%, down from 1.4% previously
Written on April 17, 2026 at 6:21 am, by josephine
New Zealand’s March electronic card retail sales rose 0.7%, slowing from February’s 1.4% monthly increase.
New Zealand’s annual electronic card retail sales increased to 2.7% in March, from 1.5% previously
Written on April 17, 2026 at 6:19 am, by josephine
New Zealand’s electronic card retail sales rose 2.7% year-on-year in March, accelerating from 1.5% previously.
Following disappointing UK production figures, GBP/USD retreated after gains, edging lower to near 1.3525 amid steady selling
Written on April 17, 2026 at 5:21 am, by josephine
GBP/USD slides to 1.3525 on mixed UK data; Iran tensions boost dollar, technical support near 1.3500.
With mixed US data, USD/JPY climbs above 159.00 as dollar strengthens, though RSI divergence limits gains
Written on April 17, 2026 at 5:19 am, by josephine
USD/JPY rebounds above 159.00 on firmer dollar; upside capped by Japan warnings as RSI wanes.
Amid Hormuz disruption and geopolitical tensions, the US Dollar’s safe-haven appeal restrains NZD/USD near 0.5890
Written on April 17, 2026 at 4:52 am, by josephine
NZD/USD hovered near 0.5890 as firmer US Dollar, Hormuz disruption and Middle East tensions limited gains.
