Monthly Archives: April 2026
With rates unchanged, the ECB faced rising inflation risks alongside a slowing economy amid complex conditions
Written on April 30, 2026 at 9:24 pm, by josephine
ECB holds rates as energy prices lift inflation risks, while weakening growth and uncertainty keep policymakers cautious.
USD/JPY stabilises following an intervention-warning slump, as Tokyo’s cautions propelled the yen higher broadly
Written on April 30, 2026 at 8:57 pm, by josephine
USD/JPY steadied near 156.61 after intervention fears, weaker dollar. Powell cautious; Japan suspected yen buying.
An anonymous official said President Trump is considering measures to reopen the Strait of Hormuz blockade
Written on April 30, 2026 at 8:54 pm, by josephine
Trump weighs allied measures to reopen Strait of Hormuz, escalating costs for Iran, excluding lifting blockade.
Following its $555.45 peak, Microsoft entered wave (II), bottoming at $356.07, starting a three-wave correction
Written on April 30, 2026 at 8:27 pm, by josephine
Microsoft hit $555.45, dropped to $356.07, then began wave (III); pullback underway above $367.23 pivot.
NBC economists say Canada’s economy rose 0.2% in February, with Q1 industry GDP tracking 1.7% annualised amid headwinds
Written on April 30, 2026 at 8:24 pm, by josephine
Canada’s economy rose 0.2% in February; Q1 GDP tracks 1.7% annualised amid tariffs, weak housing.
Sterling-dollar climbs to 1.3550 after BoE keeps 3.75% rates; weaker US GDP boosts demand
Written on April 30, 2026 at 7:57 pm, by josephine
GBP/USD climbed to 1.3550 as BoE held rates; softer US GDP offset stronger jobless claims.
In April 24, EIA reported US natural gas storage rose 79B, beneath the 83B forecast figure
Written on April 30, 2026 at 7:54 pm, by josephine
US EIA reported a 79B natural gas storage build for week ending April 24, missing 83B forecast.
Rabobank strategist Stefan Koopman says the BoE held 3.75%, with Bailey weighing inflation persistence against jobs, activity
Written on April 30, 2026 at 7:32 pm, by josephine
Bank Rate held at 3.75%; Pill dissents for hike, Bailey “active hold” amid inflation risks, cautious outlook.
Scotiabank says CAD rises as USD softens and swap spreads tighten; BoC holds policy, citing oil-trade risks
Written on April 30, 2026 at 7:29 pm, by josephine
Canadian Dollar rose as US Dollar softened; BoC held rates, flagged oil, trade risks; USD/CAD capped.
Reuters reports Japanese officials allegedly made their first 2024 currency-market intervention, aimed at curbing speculative trading moves
Written on April 30, 2026 at 7:27 pm, by josephine
Japan reportedly intervened in forex markets, buying yen and selling dollars, as USD/JPY dropped 2.21%.