Monthly Archives: April 2026
USD/INR rises as oil’s rally pressures the rupee, which slips from flat open during RBI policy week
Written on April 6, 2026 at 5:19 pm, by josephine
Rupee weakens as oil prices and foreign outflows rise; USD/INR climbs ahead of RBI decision and US data.
Gold nears $4,700 as the dollar weakens, but further gains appear constrained during the European session
Written on April 6, 2026 at 5:18 pm, by josephine
Gold rises near $4,700 as ceasefire talks, oil threats, and strong US jobs reshape rate outlook.
During RBI policy week, rising oil prices push the rupee down, lifting USD/INR after opening flat
Written on April 6, 2026 at 5:17 pm, by josephine
Rupee slips as oil climbs and FIIs sell; USD/INR near 92.85 ahead of RBI decision week.
During Europe’s morning session, gold rose towards $4,700 on a softer dollar, with gains constrained
Written on April 6, 2026 at 5:17 pm, by josephine
Gold rebounds near $4,700 as ceasefire talks and Hormuz threats lift oil; markets await ISM data.
Near 1.1560, EUR/USD rises 0.4% in Europe, with a symmetrical triangle hinting at reversal hopes
Written on April 6, 2026 at 5:16 pm, by josephine
EUR/USD climbs to 1.1560 as Iran ceasefire news weakens dollar; traders await ISM, Fed minutes, CPI.
With bullish momentum intact, EUR/JPY trades near 184.40, consolidating within an ascending triangle towards 185.00
Written on April 6, 2026 at 4:22 pm, by josephine
EUR/JPY rebounds near 184.40, consolidating in ascending triangle; resistance 184.70, support 184.00; breakout targets 186.88.
During European trading, EUR/USD rises 0.4% toward 1.1560, as a triangle pattern fuels reversal hopes
Written on April 6, 2026 at 4:21 pm, by josephine
EUR/USD climbed near 1.1560 as Iran ceasefire proposal boosted risk sentiment, weakening the US dollar.
EUR/JPY trades near 184.40, retaining bullish tone while consolidating sideways toward 185.00 triangle resistance
Written on April 6, 2026 at 4:21 pm, by josephine
EUR/JPY steadies near 184.40, consolidating in an ascending triangle; resistance 184.70, support 184.00, 183.94.
BNY’s Bob Savage says an oil supply shock lifted Brent above $140, tightening global financial conditions
Written on April 6, 2026 at 4:20 pm, by josephine
BNY warns oil shock: Brent tops $140, recession and stagflation risks rise; fiscal strain grows worldwide.
A senior Iranian official says Iran received a US ceasefire proposal via Pakistan and is reviewing it
Written on April 6, 2026 at 4:19 pm, by josephine
Iran reviews US ceasefire proposal via Pakistan, rejects pressure; Strait of Hormuz stays shut; dollar, WTI fall.