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Monthly Archives: April 2026

PBOC fixed USD/CNY at 6.8650, above prior 6.8635 and Reuters’ 6.8294 estimate for upcoming trading session

Written on April 23, 2026 at 5:49 am, by

PBOC set USD/CNY fixing at 6.8650, above estimates, highlighting policy goals, tools, control, and banks.

South Korea’s year-on-year GDP grew 3.6% in the first quarter, beating forecasts of 2.7%

Written on April 23, 2026 at 5:22 am, by

South Korea’s GDP grew 3.6% year-on-year in the first quarter, beating market expectations of 2.7%.

MUFG’s Lloyd Chan says elevated geopolitical risks persist, yet REER valuations imply the rupiah is undervalued versus USD

Written on April 23, 2026 at 5:19 am, by

Rupiah is undervalued; policy support curbs volatility. USD/IDR overbought; forecast 17,000 end-Q2, stabilisation then improvement.

Nikkei 225 Pulls Back as Oil Tests AI-Led Rally

Written on April 23, 2026 at 5:15 am, by

Nikkei 225 slips 1.45% as oil risk rises, even while Wall Street records and strong earnings keep Asia supported. | VT Markets

Gold Slips as Oil Keeps Rate Pressure Elevated

Written on April 23, 2026 at 5:14 am, by

Gold dips 0.7% as oil above $100 fuels inflation fears and delays Fed rate cut expectations. | VT Markets

GBP/USD hovers around 1.35 as traders await UK PMIs and retail sales amid choppy, uncertain trading

Written on April 23, 2026 at 4:52 am, by

GBP/USD stayed rangebound near 1.3510 as UK CPI surprised; traders await UK, US PMIs data.

USD/JPY stabilises near 159.50 as traders await Japan’s CPI and US PMIs, signalling indecision

Written on April 23, 2026 at 4:49 am, by

USD/JPY steadied near 159.50 as Japan trade surplus missed, oil stayed firm, and key data loomed.

OCBC’s Christopher Wong expects USD/KRW may rebound as bearish pressure eases and RSI climbs from oversold levels

Written on April 23, 2026 at 4:22 am, by

USD/KRW decline pauses; momentum eases, RSI rebounds. Wong sees 1492 rebound, 1460/64 support; ceasefire talks may boost risk.

Amid Middle East tensions and Hormuz ship seizures, AUD/USD hovers near 0.7160, limiting gains

Written on April 23, 2026 at 4:19 am, by

AUD/USD steadied near 0.7160 as Middle East tensions, risk-on equities, and upcoming PMI/jobs data loomed.

South Korea’s April Consumer Sentiment Index fell to 99.2, down from 107 previously, indicating weaker confidence

Written on April 23, 2026 at 4:02 am, by

South Korea’s Consumer Sentiment Index fell to 99.2 in April, down from 107 previously reported.

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