Monthly Archives: April 2026
Gold holds above $4,700, consolidating in Europe as traders await US data to revive momentum
Written on April 10, 2026 at 5:03 am, by josephine
Gold holds above $4,700 as Middle East tensions lift dollar; dovish Fed limits pressure; traders await PCE/CPI.
Commerzbank’s Antje Praefcke expects Sweden’s Riksbank to hold policy steady despite weaker inflation data
Written on April 10, 2026 at 5:00 am, by josephine
Sweden’s March inflation undershot forecasts; base effects and stronger krona eased pressures, leaving Riksbank policy unchanged.
During European trading, US equity futures decline as US-Iran ceasefire hopes weaken, led by Dow Jones futures lower
Written on April 10, 2026 at 4:57 am, by josephine
Futures slipped as Iran talks soured, oil rose on Strait concerns, and markets awaited Friday’s CPI.
UOB strategists say GBP/USD needs a 1.3480 close; otherwise it consolidates between 1.3350–1.3450
Written on April 10, 2026 at 4:54 am, by josephine
GBP/USD ranges 1.3350-1.3450; upside risk persists. Daily close above 1.3480 targets 1.3520, support 1.3280.
Amid uncertain Iran truce, the Australian dollar slips slightly, down 0.2% near 0.7030 against USD
Written on April 10, 2026 at 4:52 am, by josephine
Australian dollar slips to 0.7030 as risk appetite weakens; ceasefire doubts lift USD ahead of US CPI.
Geoff Yu observes EUR/NOK shifts as euro flows turn from dollar hedges to underheld positions
Written on April 10, 2026 at 4:49 am, by josephine
BNY’s Geoff Yu says euro now net underheld; ceasefire could normalize FX flows after extreme moves.
During European hours, EUR/JPY climbs near 185.30, recovering losses and targeting the ascending channel’s upper boundary
Written on April 10, 2026 at 4:35 am, by josephine
EUR/JPY trades near 185.30 in ascending channel; resistance 185.70, support 184.52; momentum positive, RSI 61.38.
During the European session, USD/CAD edges up to 1.3850, holding its 20-day EMA ahead of talks
Written on April 10, 2026 at 4:32 am, by josephine
USD/CAD edged up near 1.3850 as US dollar firmed on ceasefire doubts; Canada jobs data awaited.
During early European trade, EUR/GBP hovered near 0.8710, rising slightly while German output data disappointed
Written on April 10, 2026 at 4:30 am, by josephine
EUR/GBP rose near 0.8710 as markets await German HICP data and weigh ECB versus BoE rate expectations.
UOB strategists say AUD/USD has stalled under 0.7100, consolidating between 0.7000 and 0.7080 in range trading
Written on April 10, 2026 at 4:28 am, by josephine
AUD/USD stalled below 0.7100, ranges 0.7000-0.7080; above 0.6970 may test 0.7135, longer-term bearish.
