Monthly Archives: April 2026
The US ISM services employment index fell to 45.2 in March, from 51.8 previously, sharply contracting
Written on April 6, 2026 at 10:18 pm, by josephine
US ISM Services Employment Index dropped to 45.2 in March from 51.8, signaling contraction below 50.
OCBC strategists say Brent’s risk premium stays high, as hopes for US–Iran easing appear premature
Written on April 6, 2026 at 10:16 pm, by josephine
US–Iran tensions persist; Brent retreats from USD119 as Hormuz traffic management talks ease shutdown fears. Trump escalates threats.
Moderate optimism over an Iran peace plan lifts the Pound against the Yen, stalling near 211.45
Written on April 6, 2026 at 8:22 pm, by josephine
GBP/JPY rises on Iran ceasefire optimism; capped below 211.45 resistance as bullish indicators strengthen, targets 212.30-212.55.
Despite a weaker US dollar, improved sentiment and Iran ceasefire hopes keep EUR/USD below 1.1570
Written on April 6, 2026 at 8:21 pm, by josephine
Euro rises on ceasefire hopes; EUR/USD rebounds from 1.1505 but below 1.1570 amid strong US jobs.
Bob Savage says the yen weakens as USD/JPY nears 160, JGB yields climb, and BoJ stays hawkish
Written on April 6, 2026 at 8:20 pm, by josephine
Yen stayed weak near 160; JGB yields hit multi-decade highs as BoJ stayed hawkish amid tensions.
Ceasefire hopes in the Middle East lift XAG/USD, with silver recovering losses to trade near $73.30–$73.50
Written on April 6, 2026 at 6:20 pm, by josephine
Silver rebounds near $73.30 as softer Fed expectations and potential Middle East ceasefire talks ease inflation fears.
NZD/USD climbs towards 0.5720 as Kiwi gains on softer US dollar amid quiet, closed markets
Written on April 6, 2026 at 6:18 pm, by josephine
NZD/USD rebounds to 0.5720 on thin Easter trade, as USD softens; wedge hints fading selloff.
Improving sentiment lifts Sterling versus the US Dollar, gaining 0.45% to roughly 1.3255 in European trade
Written on April 6, 2026 at 6:17 pm, by josephine
Pound Sterling climbed as Iran reviewed US ceasefire proposal, boosting risk appetite; dollar dipped; markets awaited ISM.
Hopes for an Iran peace deal push USD/JPY down near 159.40 as Easter closures reduce trading volumes
Written on April 6, 2026 at 5:20 pm, by josephine
USD/JPY slipped to 159.35 on thin Easter trade as easing Iran tensions weakened safe-haven dollar demand.
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.