Monthly Archives: April 2026
Is the U.S. Dollar Collapsing? The Reality of Dedollarisation in 2026

Written on April 29, 2026 at 6:18 am, by josephine
Dedollarisation isn’t a single event; it’s a structural shift. Learn why the US dollar still dominates 89% of FX trades despite the 2022 freeze of Russian assets and a record $1.55 trillion inflow into US financial markets. | VT Markets
Trump said Iran requested the US lift its Strait of Hormuz blockade during negotiations to end war
Written on April 29, 2026 at 5:53 am, by josephine
Trump says Iran urged US to lift Strait of Hormuz blockade as mediators await peace proposal.
Reuters reports the UAE plans to exit OPEC on 1 May, highlighting Gulf rifts amid Iran-war energy crisis
Written on April 29, 2026 at 5:51 am, by josephine
UAE to exit OPEC May 1 amid Iran-linked energy crisis, Gulf discord, and constrained Strait exports.
During early Asian trading, EUR/USD dips near 1.1700 as Middle East ceasefire doubts lift Dollar demand
Written on April 29, 2026 at 5:24 am, by josephine
EUR/USD slips near 1.1715 as Middle East ceasefire uncertainty lifts dollar; traders await Fed and ECB decisions.
GBP/USD dipped 0.12%, closing near 1.3520, while maintaining consolidation around 1.3500 before Fed, BoE decisions
Written on April 29, 2026 at 5:21 am, by josephine
GBP/USD slipped to 1.3520 near 1.3500 as traders await BoE, Fed decisions and oil-driven inflation risks.
Ahead of the Fed decision, spot gold fell 1.85%, briefly neared $4,555, then closed around $4,596
Written on April 29, 2026 at 4:53 am, by josephine
Gold slides 1.85% to $4,596 pre-Fed; key US data ahead as momentum weakens below $4,650.
Citing escalating Middle East tensions and oil risks, Chile’s central bank unanimously kept rates at 4.50%
Written on April 29, 2026 at 4:51 am, by josephine
Chile’s central bank held rates at 4.50%, citing Middle East conflict risks, higher oil, inflation.
Ahead of Fed decision and Tokyo CPI release, USD/JPY remains under 160.00, near 159.62 in range
Written on April 29, 2026 at 4:23 am, by josephine
USD/JPY held near 159.62 below 160.00; focus turns to Japan data and Fed decision risk.
Ahead of the Fed meeting, the firmer US Dollar pushed NZD/USD down, settling around 0.5885
Written on April 29, 2026 at 4:21 am, by josephine
NZD/USD slid 0.4% to 0.5885; awaits RBNZ, Fed decision, US data amid rising commodity costs.
Oil Near $100 As Iran Blockade Risk Builds

Written on April 29, 2026 at 4:17 am, by josephine
Oil rises as US extends Iran port blockade, lifting supply risk, inflation fears and pressure on inventories. | VT Markets