Monthly Archives: April 2026
Scotiabank strategists say the CAD is steady as USD/CAD pulls back from repeated 1.37 tests
Written on April 24, 2026 at 5:26 pm, by josephine
USD/CAD dipped after testing 1.37; bearish trend persists, resistance near 1.37, support 1.3625, breakout above 1.3750.
MUFG’s Derek Halpenny says Hormuz disruption boosts oil and input costs, pushing US inflation towards 3.8%
Written on April 24, 2026 at 5:24 pm, by josephine
Strait of Hormuz closure risks surging oil, fertiliser and fuel costs, raising food prices and US inflation.
USD/JPY falls near 159.50 as US-Iran talks lift sentiment; BoJ policy outlook caps rebounds
Written on April 24, 2026 at 5:21 pm, by josephine
USD/JPY fell near 159.50 as dollar eased on risk-on Iran talks; Japan intervention and BOJ awaited.
BNY’s Bob Savage says Norwegian krone support is fading as commodity momentum weakens and hedges unwind
Written on April 24, 2026 at 4:54 pm, by josephine
BNY says NOK tailwinds fade as commodity FX momentum weakens, hedges unwind, and Norges Bank tightening peaks.
Despite beating earnings expectations by 15.87%, Tesla shares faltered as investors focused on a weak 2026 outlook
Written on April 24, 2026 at 4:51 pm, by josephine
Tesla beat earnings expectations, but shares fell on higher capex guidance, pressuring free cash flow outlook.
Societe Generale expects rates unchanged, yet firmer UK inflation and PMIs may spur hawkish BoE dissent soon
Written on April 24, 2026 at 4:26 pm, by josephine
UK inflation and PMIs beat forecasts, hinting at hawkish BoE dissent; consensus still expects unanimous hold.
Hegseth warned that Iran laying additional mines would breach the ceasefire, Reuters reported in the US
Written on April 24, 2026 at 4:23 pm, by josephine
Hegseth warns Iran mining would breach ceasefire; Hormuz transit continues; urges Europe action; markets steady, dollar slips.
Despite Middle East uncertainty and risk aversion, the euro recovers against the dollar, rising above 1.1700
Written on April 24, 2026 at 4:21 pm, by josephine
EUR/USD rebounded above 1.1700 amid Middle East risks and weak Eurozone data, eyes ECB, key levels.
TD Securities says March UK retail sales rose 0.7%, boosted by food, fuel, Easter effects and early buying
Written on April 24, 2026 at 3:23 pm, by josephine
UK March retail sales rose 0.7%, beating forecasts; gains driven by Easter food, fuel, price effects.
Mexico’s seasonally adjusted unemployment rate rose to 2.8%, up from 2.7% in the previous reading
Written on April 24, 2026 at 3:21 pm, by josephine
Mexico’s seasonally adjusted unemployment rate increased to 2.8% in March, up from 2.7% previously.
