Monthly Archives: April 2026
Rabobank reports euro weak in Asian trade as Hungary’s pro-EU Tisza party defeats Fidesz convincingly
Written on April 13, 2026 at 12:49 pm, by josephine
Euro dips in Asia as Hungary’s pro-EU Tisza beats Orban, potentially easing EU policy gridlock ahead.
With markets cautious after US–Iran peace talks stalled, the euro steadies near 0.8700 versus sterling
Written on April 13, 2026 at 12:23 pm, by josephine
EUR/GBP held near 0.8700 as US–Iran talks failed; Bailey and Lagarde speeches may drive next move.
Amid revived Middle East tensions, the Australian Dollar is mixed, down 0.2% near 0.7050; jobs data awaited
Written on April 13, 2026 at 12:19 pm, by josephine
Australian Dollar mixed; risk-off sentiment after failed US–Iran talks boosted USD, markets await jobs and PPI.
Fears of intervention limit USD/JPY under 160.00, even as the Dollar outperforms a weak Yen
Written on April 13, 2026 at 11:51 am, by josephine
USD/JPY stayed below 160 after bullish gap; Middle East tensions lift dollar, weaken yen; intervention fears cap gains.
Commerzbank’s Tatha Ghose says Hungary’s election gave Peter Magyar supermajority, boosting forint prospects, enabling reforms
Written on April 13, 2026 at 11:49 am, by josephine
Hungary vote hands Tisza supermajority; Commerzbank sees stronger forint, revises EUR/HUF forecast amid war risks.
Safe-haven appetite re-emerges after US-Iran negotiations fail, leaving forex markets cautious and risk-averse
Written on April 13, 2026 at 11:21 am, by josephine
Markets turned risk-averse after Iran-US talks stalled; Trump announced Hormuz blockade, boosting oil, pressuring stocks, lifting dollar.
Despite worsening sentiment, EUR/USD remains in the upper 1.1600s, after retreating from 1.1740 highs
Written on April 13, 2026 at 11:19 am, by josephine
EUR/USD eased from 1.1740, held upper-1.1600s; oil jumped on Iran tensions, Lagarde eyed, trend positive.
DBS Research’s Philip Wee says IMF and World Bank meetings will focus on stagflation after Trump’s Hormuz blockade
Written on April 13, 2026 at 10:56 am, by josephine
DBS warns US Hormuz blockade fuels stagflation; IMF likely to cut forecasts, with Asia most exposed.
In February, Turkey’s current account showed a $7.501B surplus, beating forecasts of a $7.5B deficit
Written on April 13, 2026 at 10:54 am, by josephine
Turkey posted a $7.501bn current account balance in February, beating expectations for a $7.5bn deficit.
Turkey’s February current account deficit reached $7.501B, marginally worse than the expected $7.5B shortfall
Written on April 13, 2026 at 10:52 am, by josephine
Turkey’s current account posted a $7.501bn deficit in February, slightly worse than the expected $7.5bn shortfall.