Monthly Archives: April 2026
Renewed Iran–US dialogue hopes and extended Israel–Lebanon ceasefire lift GBP/USD as Dollar safe-haven demand fades
Written on April 24, 2026 at 10:23 pm, by josephine
GBP/USD climbed as dollar demand eased on risk-on sentiment, renewed Iran talks hopes, and strong UK retail sales.
EUR/GBP stays range-bound, driven by UK data, while traders watch US–Iran tensions and upcoming central-bank meetings
Written on April 24, 2026 at 10:21 pm, by josephine
EUR/GBP held near 0.8671, Sterling boosted by retail sales; Euro weakened on IFO drop; Iran risks.
Nomura expects the Bank of England to keep rates at 3.75%, despite energy worries; Pill alone dissenting 8-1
Written on April 24, 2026 at 9:54 pm, by josephine
Nomura expects Bank Rate held at 3.75%, 8-1 vote, higher inflation forecasts, no changes through 2027.
AUD/USD rises towards 0.7140 as the US Dollar softens, Middle East tensions persist, boosting risk appetite
Written on April 24, 2026 at 9:51 pm, by josephine
AUD/USD climbs near 0.7140 as weaker Dollar and improved risk appetite offset Middle East tensions.
Scotiabank strategists say weak German IFO, amid Gulf tensions and energy worries, dims growth; euro little moved
Written on April 24, 2026 at 9:34 pm, by josephine
Germany’s IFO survey weakened in April, dampening growth outlook, yet EUR/USD rebounded, stabilizing near support.
USD/CAD slips to 1.3685, down 0.12%, as weaker dollar and firmer oil support Canada
Written on April 24, 2026 at 9:31 pm, by josephine
USD/CAD eased to 1.3685 as softer USD, easing Iran tensions and firmer oil supported Canada.
DBS’s Chang Wei Liang notes March CPI firmed, supporting USD/JPY though resistance persists beneath 160
Written on April 24, 2026 at 9:29 pm, by josephine
Japan inflation edges higher; subsidies mask pressures as BOJ weighs forecast hike; oil supports yen weakness, intervention caps.
TD Securities expects BoC’s April MPR to assume Brent at $90 and WTI at $85, up from $55 baseline
Written on April 24, 2026 at 9:26 pm, by josephine
TD Securities expects Bank of Canada to assume higher oil prices, boosting inflation outlook, possibly with analysis.
Scotiabank says UK retail sales, boosted by fuel, lift sterling slightly, despite softer overall growth outlook
Written on April 24, 2026 at 9:24 pm, by josephine
UK March retail sales beat forecasts at 0.7%, boosted by fuel buying; GBP/USD outlook neutral-bullish.
ING analysts foresee Hungary’s central bank maintaining a 6.25% base rate through 2026 amid geopolitical risks
Written on April 24, 2026 at 9:21 pm, by josephine
ING expects Hungary’s central bank to hold 6.25% through 2026 as inflation rises, risks persist.
