Monthly Archives: April 2026
Commerzbank says Poland’s central bank should keep rates steady, with Iran-driven oil shocks delaying easing cycle
Written on April 10, 2026 at 5:12 am, by josephine
Commerzbank expects Poland’s central bank to hold rates, as Iran-linked energy shock stifles further cuts.
Investors question Iran ceasefire durability, sending Sterling slightly lower versus majors, near 1.3400 against dollar
Written on April 10, 2026 at 5:10 am, by josephine
Pound Sterling edged lower near 1.3400 as cautious sentiment followed ceasefire doubts and shifting Bank of England outlook.
Frantisek Taborsky forecasts NBP holding rates at 3.75%, aiding zloty recovery as tightening expectations fade
Written on April 10, 2026 at 5:08 am, by josephine
ING expects Poland’s central bank to hold rates at 3.75%, with inflation contained and EUR/PLN volatile.
As Iran ceasefire doubts persist, investors favour the US Dollar, pushing DXY above 99.00 again
Written on April 10, 2026 at 5:05 am, by josephine
US Dollar steadied above 99.00 as Iran ceasefire doubts rose; Fed minutes balanced, inflation data awaited.
Gold holds above $4,700, consolidating in Europe as traders await US data to revive momentum
Written on April 10, 2026 at 5:02 am, by josephine
Gold holds above $4,700 as Middle East tensions lift dollar; dovish Fed limits pressure; traders await PCE/CPI.
Commerzbank’s Antje Praefcke expects Sweden’s Riksbank to hold policy steady despite weaker inflation data
Written on April 10, 2026 at 5:00 am, by josephine
Sweden’s March inflation undershot forecasts; base effects and stronger krona eased pressures, leaving Riksbank policy unchanged.
During European trading, US equity futures decline as US-Iran ceasefire hopes weaken, led by Dow Jones futures lower
Written on April 10, 2026 at 4:57 am, by josephine
Futures slipped as Iran talks soured, oil rose on Strait concerns, and markets awaited Friday’s CPI.
UOB strategists say GBP/USD needs a 1.3480 close; otherwise it consolidates between 1.3350–1.3450
Written on April 10, 2026 at 4:54 am, by josephine
GBP/USD ranges 1.3350-1.3450; upside risk persists. Daily close above 1.3480 targets 1.3520, support 1.3280.
Amid uncertain Iran truce, the Australian dollar slips slightly, down 0.2% near 0.7030 against USD
Written on April 10, 2026 at 4:52 am, by josephine
Australian dollar slips to 0.7030 as risk appetite weakens; ceasefire doubts lift USD ahead of US CPI.
Geoff Yu observes EUR/NOK shifts as euro flows turn from dollar hedges to underheld positions
Written on April 10, 2026 at 4:49 am, by josephine
BNY’s Geoff Yu says euro now net underheld; ceasefire could normalize FX flows after extreme moves.
