Monthly Archives: April 2026
ING expects USD/CAD to ease by year-end as Fed cuts weaken the dollar; Canada faces headwinds
Written on April 17, 2026 at 5:52 pm, by josephine
ING forecasts USD/CAD drifting lower by year-end on Fed cuts, despite muted Canadian support and USMCA risks.
With Middle East updates awaited, the New Zealand Dollar eases versus the US Dollar, near 0.5885 below 0.5900
Written on April 17, 2026 at 5:24 pm, by josephine
NZD/USD slipped to 0.5885, below 0.5900, as markets eyed US-Iran talks and reduced rate-cut bets.
UOB strategists say GBP/USD lost momentum after 1.3600, with falls likely limited to 1.3495–1.3555 range
Written on April 17, 2026 at 5:22 pm, by josephine
GBP/USD neared 1.3600 then reversed; range 1.3495–1.3555. Momentum weak; break below 1.3495 unlikely soon.
In February, Canada’s portfolio investment in foreign securities rose to $25.36B, from $11.39B previously
Written on April 17, 2026 at 4:54 pm, by josephine
Canadian portfolio investment abroad increased to $25.36bn in February from $11.39bn, accelerating overseas buying pace.
February sees Canada’s foreign portfolio investment in Canadian securities hit $6.17B, far under $23.81B expected
Written on April 17, 2026 at 4:52 pm, by josephine
Canada saw $6.17B foreign investment in February, far below expectations of $23.81B, signaling weaker inflows.
USD/CHF slips near 0.7825, pressured by fading haven demand; bearish-flag implies further losses below 0.7790
Written on April 17, 2026 at 4:25 pm, by josephine
USD/CHF slipped to 0.7825 as US–Iran ceasefire doubts pressured the dollar; bearish technicals persist below EMA.
DBS’s Wee says EUR/USD climbed but stalled below 1.18, as ECB dampens April hike expectations
Written on April 17, 2026 at 4:22 pm, by josephine
EUR/USD rallies stalled below 1.18 as ECB downplayed rate hike bets; IMF trimmed Eurozone growth outlook.
India’s foreign exchange reserves rose to $700.95B, up from $697.12B in early April
Written on April 17, 2026 at 3:54 pm, by josephine
India’s forex reserves climbed to $700.95 billion as of 6 April, up $3.83 billion week-on-week.
India’s bank loan growth increased from 13.8% to 16.1%, according to figures released for March 16
Written on April 17, 2026 at 3:52 pm, by josephine
India’s bank loan growth rose to 16.1% by March 16, accelerating from 13.8% previously.
Gold trades near $4,790, below $4,850, steady after retreating from $4,871 highs amid US-Iran talks
Written on April 17, 2026 at 3:24 pm, by josephine
Gold held near $4,790, rangebound as markets watched US-Iran talks and a softer US Dollar.
