Monthly Archives: April 2026
Scotiabank strategists say the dollar stays firm yet rangebound, with oil and US-Iran headlines influencing sentiment
Written on April 29, 2026 at 9:23 pm, by josephine
Dollar steady in weekly range; oil-driven inflation worries temper risk as markets await unchanged Fed rates, Powell.
EUR/USD slips 0.17% as robust US data and Iran tensions bolster Dollar demand in North America
Written on April 29, 2026 at 9:21 pm, by josephine
EUR/USD slipped on oil-driven dollar strength as Iran tensions lingered; US data firm, Euro inflation softer.
ING analysts say persistent inflation and firm prices back AUD/USD gains and a possible 25bp RBA hike
Written on April 29, 2026 at 8:53 pm, by josephine
Energy-led inflation and strong domestic demand lift Australian price pressures, bolstering expectations for a 25bp RBA hike.
WTI trades near $102 a barrel, three-week high, driven by blockade fears and producer uncertainty
Written on April 29, 2026 at 8:51 pm, by josephine
WTI hit $102 as Trump mulled Hormuz blockade; UAE quit OPEC, boosting supply fears and volatility.
Deutsche Bank’s Mallika Sachdeva says geopolitics push central banks towards gold reserves, reducing US dollar holdings
Written on April 29, 2026 at 8:24 pm, by josephine
Deutsche Bank ties geopolitics to reserve shifts: emerging markets boost gold, reduce dollar holdings as FX reserves evolve.
US EIA reports crude oil inventories fell 6.233M barrels, contrasting with the prior 1.925M rise
Written on April 29, 2026 at 8:21 pm, by josephine
US EIA reports crude oil stocks fell 6.233M week ending April 24, after prior 1.925M increase.
US Senate Banking Committee confirms Donald Trump’s Federal Reserve chair nominee Kevin Warsh, advancing his appointment process
Written on April 29, 2026 at 7:54 pm, by josephine
Senate Banking Committee approves Trump’s Fed chair nominee Kevin Warsh; full Senate vote next amid Warren opposition.
MUFG’s Derek Halpenny says strong US earnings and equities steady the dollar amid Middle East tensions and Hormuz closure
Written on April 29, 2026 at 7:51 pm, by josephine
US dollar steady as equities and earnings buoy sentiment; oil surge and hawkish Fed signal support.
BRK.B stays bullish with higher highs and lows, suggesting pullbacks may provide buying opportunities
Written on April 29, 2026 at 7:24 pm, by josephine
BRK.B remains in an Elliott Wave uptrend; wave ((4)) may dip to 433–388 before wave ((5)) rises.
Deutsche Bank says EUR/GBP remains above rate-driven fair value, as UK politics adds sterling risk premium
Written on April 29, 2026 at 7:21 pm, by josephine
EUR/GBP trades above rate-differentials, reflecting sterling risk premium from UK politics, higher gilt yields, and BoE upside.