Monthly Archives: April 2026
After German and Eurozone PMI releases, EUR/CAD stayed under 1.6000, extending seven-day declines during European hours
Written on April 23, 2026 at 1:23 pm, by josephine
EUR/CAD slips seventh day near 1.5980 after weak Eurozone/German PMIs; oil-backed Canadian dollar strengthens amid tensions.
Rabobank’s Michael Every cautions Iran tensions and Hormuz disruptions may prolong energy normalisation beyond what futures imply
Written on April 23, 2026 at 1:19 pm, by josephine
Iran-linked Hormuz disruption risks delaying energy normalisation into Q4, with mine clearance taking weeks to months.
ING analysts report gold and silver rebounded, driven by a weaker dollar, easing tensions, and ETF inflows
Written on April 23, 2026 at 12:52 pm, by josephine
Gold and silver rebounded as dollar weakened; easing geopolitical tensions boosted prices, while gold ETF inflows continued.
Danske’s researchers expect Japan’s March CPI ex-fresh food to remain subdued near 1.8%, amid safe-haven demand
Written on April 23, 2026 at 12:49 pm, by josephine
Japan CPI seen steady at 1.8%; subsidies temper inflation as PMI eases; Treasuries rise on tensions.
April’s Eurozone flash HCOB Composite PMI slipped unexpectedly to 48.6, undershooting forecasts of 50.2
Written on April 23, 2026 at 12:22 pm, by josephine
Eurozone Composite PMI slid to 48.6 in April as services contracted; manufacturing expanded; EUR/USD steady.
Eurozone HCOB Manufacturing PMI exceeded forecasts, recording 52.2 versus an expected 50.8 in April
Written on April 23, 2026 at 12:19 pm, by josephine
Eurozone HCOB Manufacturing PMI rose to 52.2 in April, beating 50.8 forecast, signaling expansion.
April saw Eurozone HCOB Composite PMI at 48.6, falling short of the 50.2 forecast
Written on April 23, 2026 at 11:53 am, by josephine
Eurozone HCOB Composite PMI fell to 48.6 in April, missing forecasts, signaling business activity contraction overall.
In April, Eurozone HCOB Services PMI fell to 47.4, missing the forecast of 49.8
Written on April 23, 2026 at 11:49 am, by josephine
Eurozone HCOB Services PMI slipped to 47.4 in April, missing 49.8 forecast, signaling services contraction.
Gold steadies below $4,700 as a strengthening US dollar continues pressuring prices during the European session
Written on April 23, 2026 at 11:23 am, by josephine
Gold weakened below $4,700 as dollar rose; US-Iran tensions, inflation fears, and Fed stance pressured.
Amid worsening US-Iran tensions, the Australian Dollar slips, leaving AUD/USD hovering near 0.7150 against USD
Written on April 23, 2026 at 11:19 am, by josephine
AUD/USD slipped near 0.7150 as Middle East tensions dampened sentiment despite stronger Australian preliminary PMIs.