Monthly Archives: April 2026
ING’s strategists say the dollar steadied after Iranian ceasefire breach claims, yet may weaken again
Written on April 10, 2026 at 7:21 am, by josephine
Dollar steadies as ceasefire violation raises uncertainty; Fed minutes turn mildly hawkish, rate-cut expectations trimmed.
EUR/USD advances as the Dollar softens, while traders monitor US CPI and US-Iran negotiation developments
Written on April 10, 2026 at 7:18 am, by josephine
Euro gains fourth day near 1.1676 as dollar weakens; markets await US CPI and watch fragile US-Iran ceasefire.
Meta Platforms’ Elliott Wave review revisits blue box support, with an expected price reaction already occurring
Written on April 10, 2026 at 7:16 am, by josephine
Meta rebounded from blue box support, suggesting wave (II) ended; bullish trend remains above 520.26 invalidation.
Scotiabank says GBP consolidates after a rebound against USD, with limited domestic risk before BoE remarks, data
Written on April 10, 2026 at 7:13 am, by josephine
GBP consolidates after rebound; limited UK risk ahead of BoE signals. Technicals bullish, targets 1.35–1.3580.
The EIA reports US natural gas storage rose 50B, beating forecasts of 41B for early April
Written on April 10, 2026 at 7:11 am, by josephine
EIA data showed a 50B natural gas storage build, exceeding expectations of a 41B increase.
Russia’s central bank reserves fell to $767.5B, down from the prior $775.4B in latest data release
Written on April 10, 2026 at 7:09 am, by josephine
Russia’s central bank reserves slipped to $767.5bn from $775.4bn, marking a $7.9bn decline overall.
BEA’s third estimate shows US real GDP grew 0.5% annualised in Q4 2025, below 0.7% forecasts
Written on April 10, 2026 at 6:13 am, by josephine
US Q4 2025 GDP grew 0.5% annualized, revised down on weaker investment; dollar index steady near 99.00.
After dipping to 0.870, EUR/GBP may fall little more as sterling risks linger amid equity gains
Written on April 10, 2026 at 6:11 am, by josephine
ING sees limited EUR/GBP downside; sticky euro rates and dovish UK repricing could lift pair toward 0.880.
BEA reports US annual PCE inflation remained at 2.8% in February, matching market expectations
Written on April 10, 2026 at 6:08 am, by josephine
February PCE inflation held at 2.8% annually; core eased to 3%, spending rose, markets barely moved.
US Labor Department reported initial unemployment claims rose to 219,000, exceeding forecasts, for the week ending 4 April
Written on April 10, 2026 at 6:05 am, by josephine
US jobless claims rose to 219K, above forecasts; four-week average ticked up, continuing claims declined. Dollar edged lower.