Monthly Archives: April 2026
UOB strategists say GBP/USD may dip to 1.3440, with 1.3400 unlikely; momentum remains mildly negative
Written on April 24, 2026 at 10:53 am, by josephine
GBP/USD dipped to 1.3448, rebounded to 1.3467; bears may retest 1.3440 or 1.3400 soon.
Amid sturdy support, the S&P 500 appears poised to extend gains, with further upside likely
Written on April 24, 2026 at 10:51 am, by josephine
S&P 500 holds gains, stays bullish; upside possible if support holds and resistance breaks, despite uncertainty.
OCBC strategists note USD/JPY nears 160 as safe-haven Dollar demand grows and Japan signals intervention readiness
Written on April 24, 2026 at 10:23 am, by josephine
USD/JPY nears 160 on safe-haven demand; BoJ decision and possible Japan intervention keep volatility elevated.
Intervention worries cap USD/JPY below 160.00 as bulls consolidate, eye breakout, and target weekly gains
Written on April 24, 2026 at 10:21 am, by josephine
USD/JPY consolidates below 160.00, poised for weekly gains; yen-intervention risks and mixed signals keep bullish bias.
After robust UK retail sales, EUR/GBP stays flat near 0.8675, capped below 0.8680, rebounding from 0.8654 lows
Written on April 24, 2026 at 9:53 am, by josephine
Euro steadies near 0.8675 versus Sterling as strong UK retail sales fail to lift pound sentiment.
Danske’s team reports global equities edged down; tech lagged after software falls, while value beat cyclicals
Written on April 24, 2026 at 9:51 am, by josephine
Global equities fell 0.4% as risk sentiment weakened; tech lagged, software slumped 5.1% despite Intel outlook.
After three losing sessions, GBP/USD steadies near 1.3470, as UK retail sales rise 0.7% in March
Written on April 24, 2026 at 9:23 am, by josephine
GBP/USD steadied near 1.3470 after losses, supported by stronger UK March retail sales; Middle East tensions linger.
UOB strategists say weakening Eurozone activity pushed EUR/USD lower, likely ranging 1.1665–1.1715 as momentum eases
Written on April 24, 2026 at 9:21 am, by josephine
EUR/USD hit two-week low near 1.1668; range-bound outlook persists, with key support 1.1665, resistance 1.1750.
During Asian trading, the US Dollar Index held near 99.00 weekly highs, seeking support above its 20-day EMA
Written on April 24, 2026 at 8:53 am, by josephine
Dollar index holds near 99 as elevated oil, Hormuz risks lift inflation expectations, trimming Fed cut bets.
Asian shares were mixed; Nikkei rose as inflation stayed below BoJ target amid oil-price pressures
Written on April 24, 2026 at 8:51 am, by josephine
Asian stocks slipped as oil prices rose on Iran tensions; Japan mixed, inflation data eyed.