Monthly Archives: April 2026
UOB strategists expect USD/JPY to consolidate after volatility, trading 158.50–159.20 now, 157.55–160.50 over weeks
Written on April 21, 2026 at 10:49 am, by josephine
UOB strategists see USD/JPY rangebound after volatility, eyeing 158.50–159.20 today; 157.55–160.50 remains forecast.
Commerzbank says RBI relaxed NDF limits, letting dealers offer, roll over, cancel contracts, and hedge, amid rupee stability
Written on April 21, 2026 at 10:23 am, by josephine
RBI eased NDF rules, allowing dealers more flexibility; USD/INR rose to 93.12, rupee weakest in Asia.
XAG/USD silver slips near $79 in Europe, as traders await Kevin Warsh’s Federal Reserve chair hearing
Written on April 21, 2026 at 10:19 am, by josephine
Silver slips near $79 ahead of Warsh hearing; Fed independence eyed. Technicals show triangle, key resistance/support levels.
Following improved UK employment figures, the pound draws buyers, despite GBP/USD edging lower near 1.3525
Written on April 21, 2026 at 9:52 am, by josephine
Sterling initially rose on stronger UK jobs data; focus shifts to CPI, PMIs, retail sales later.
Commerzbank says New Zealand’s 3.1% inflation and rising energy costs may spur late-May hike, briefly boosting NZD
Written on April 21, 2026 at 9:49 am, by josephine
New Zealand inflation hit 3.1% in Q1; energy costs may spur RBNZ caution and potential May rate hike.
GBP/USD trades near 1.3520; despite a bullish channel, it eases, facing resistance at a two-month high
Written on April 21, 2026 at 9:22 am, by josephine
GBP/USD slips to 1.3520 within rising channel; traders watch expiring US-Iran ceasefire as oil jumps.
In March, the UK claimant count rate held steady, remaining at 4.4%, with no changes reported
Written on April 21, 2026 at 9:19 am, by josephine
UK claimant count rate remained steady at 4.4% in March, with no change from the previous month.
USDCNH Holds as PBOC Caps Yuan Strength
Written on April 21, 2026 at 9:15 am, by josephine
USDCNH stays near 6.815 as Iran talk hopes support the yuan, while the PBOC keeps guiding the currency more cautiously. | VT Markets
In March, UK claimant numbers rose 26.8K, exceeding predictions of 21.4K, according to released data
Written on April 21, 2026 at 8:52 am, by josephine
UK claimant count rose 26.8K in March, exceeding the 21.4K forecast by 5.4K, signaling higher benefit claims.
Early trading sees USD/INR rise as the RBI reverses some rupee-support measures, weakening the INR
Written on April 21, 2026 at 8:49 am, by josephine
USD/INR neared 93.50 as RBI eased curbs, FIIs sold shares, and markets awaited US retail sales.
