Monthly Archives: April 2026
US initial jobless claims totalled 207K, undershooting the 215K forecast for early April release
Written on April 16, 2026 at 4:19 pm, by josephine
US initial jobless claims fell to 207,000 in week ending April 10, below 215,000 forecast.
TD Securities says UK February GDP exceeded forecasts, driven by strong services, production and construction, though MPC wary
Written on April 16, 2026 at 3:52 pm, by josephine
UK GDP rose 0.5% in February, beating forecasts as services, production and construction strengthened, lifting Q1 outlook.
During European trading, GBP/USD edges down near 1.3545, failing to sustain gains beyond 1.3600 resistance
Written on April 16, 2026 at 3:49 pm, by josephine
GBP/USD slipped to 1.3545 as dollar firmed; UK GDP jump lifted pair, but resistance capped gains.
ING’s Chris Turner says the Dollar is pressured by risk rallies, yet enduring decline conditions remain absent
Written on April 16, 2026 at 3:22 pm, by josephine
Risk appetite lifts and Middle East de-escalation weigh on dollar, but rates, demand, growth headwinds limit declines.
After Eurozone inflation rose, EUR/JPY slipped 0.15%, hovering near 187.30 and consolidating above 187.00
Written on April 16, 2026 at 3:19 pm, by josephine
EUR/JPY dips to 187.30 as Eurozone inflation revised higher; traders await ECB signals and Japan currency talks.
In Europe, GBP/USD slips to about 1.3545, stalling after failing to clear 1.3600 resistance
Written on April 16, 2026 at 2:53 pm, by josephine
GBP/USD dipped to 1.3545 as dollar firmed; UK GDP beat forecasts; traders watched US-Iran ceasefire developments closely.
TD Securities says March jobs data met RBA expectations, with steady unemployment and strong full-time gains
Written on April 16, 2026 at 2:49 pm, by josephine
March jobs up 17.9k; unemployment steady 4.3%. Full-time gains offset part-time drop; CPI key for RBA.
Despite a softer dollar, the yen stays weak, as delayed tightening boosts verbal support, keeping USD/JPY near 160
Written on April 16, 2026 at 2:29 pm, by josephine
Yen stayed weak near 160 despite dollar fall; Japan warned markets, while BoJ hike expectations eased.
USD/INR eases near 93.20 as the rupee strengthens, driven by optimism over a lasting US-Iran ceasefire
Written on April 16, 2026 at 2:26 pm, by josephine
Indian rupee edges higher as US-Iran ceasefire hopes weaken dollar; USD/INR near 93.20 amid hedging.
Amid Strait of Hormuz tensions, he sees USD regaining ground versus JPY, trading slightly above 159.00
Written on April 16, 2026 at 2:23 pm, by josephine
Dollar rebounds above 159 yen as Iran-Hormuz tensions weigh; Japan-US FX talks noted; US data awaited.
