Monthly Archives: April 2026
WTI crude climbs to about $87.10 a barrel, rising 3.80%, as US-Iran tensions fuel supply worries
Written on April 20, 2026 at 10:49 pm, by josephine
WTI rose to $87.10 amid renewed Middle East tensions, Iran-US standoff, and Hormuz shipping disruption fears.
GBP/USD climbs near 1.3530 as the dollar softens, despite Middle East tensions and Pakistan talks threatened
Written on April 20, 2026 at 10:22 pm, by josephine
GBP/USD rebounded from 1.3480 gap as Middle East tensions lifted oil; dollar eased; UK sentiment weakened.
USD/CAD falls for sixth session as US dollar weakens, Canadian inflation disappoints, and geopolitical volatility persists
Written on April 20, 2026 at 10:19 pm, by josephine
USD/CAD extended losses on softer US Dollar, while Canada CPI and Iran tensions supported the Canadian Dollar.
TD Securities says softer March CPI leaves the BoC cautious, with inflation at 2.4% year-on-year
Written on April 20, 2026 at 9:53 pm, by josephine
Canada’s March CPI rose 0.9%, lifting annual inflation to 2.4% as fuel costs surged; core eased.
Deutsche Bank analysts say Brent crude swings sharply on Iran tensions, Hormuz disruption risks and ceasefire headlines
Written on April 20, 2026 at 9:49 pm, by josephine
Brent swung on Iran-Hormuz headlines; ceasefire hopes lifted prices, then reversal shut strait, disrupting shipping.
Scotiabank says Sterling remains steady against the Dollar, amid data-heavy week and political risks, after recovery
Written on April 20, 2026 at 9:22 pm, by josephine
Sterling steadied after US–Iran jitters; UK politics and key data loom, leaving GBP/USD range-bound near 1.35.
ECB speakers may limit EUR/USD gains; officials favour patience yet could hike, with June odds near 50%
Written on April 20, 2026 at 9:19 pm, by josephine
ECB speakers precede blackout; markets lean toward June hike odds. Key eurozone surveys this week test April softness.
MUFG’s Lee Hardman says political risks and yields pressure sterling, keeping GBP/USD and EUR/GBP near 1.3500, 0.8700
Written on April 20, 2026 at 8:52 pm, by josephine
Pound fell as UK yields dropped, BoE rate-hike expectations eased; Bailey cautioned, political uncertainty pressured sterling.
Rabobank’s Jane Foley says Ueda’s IMF caution cooled earlier hawkishness, fuelling doubts over April BoJ hikes
Written on April 20, 2026 at 8:49 pm, by josephine
Governor Ueda’s cautious IMF tone raises doubts on April hike as wages rise, CPI looms soon.
RBC’s Abbey Xu says Canada’s inflation hit 2.4% annually, energy-driven, while core pressures eased overall
Written on April 20, 2026 at 8:23 pm, by josephine
Canada’s CPI rose to 2.4% as energy drove gains, while core inflation eased despite higher groceries, rents.
