Monthly Archives: April 2026
Gold remains subdued below $4,800 on third day, as firm dollar and Hormuz risks curb demand
Written on April 17, 2026 at 12:59 pm, by josephine
Gold holds below $4,800 as Middle East diplomacy and dollar strength offset Fed-cut hopes, pressuring prices.
With Hormuz risks and firmer Dollar, NZD/USD retreats again, remaining under 0.5900 after 0.5925 peak
Written on April 17, 2026 at 12:56 pm, by josephine
NZD/USD dips below 0.5900 as geopolitical risks and cautious Fed-cut expectations support a firmer US Dollar.
During European hours, the DXY trades near 98.30, extending a two-day rise below 98.50 EMA
Written on April 17, 2026 at 12:52 pm, by josephine
DXY near 98.30 stays bearish in descending channel; support 97.50, resistance 99.10; breakouts target 95.56/100.64.
Commerzbank economists say advanced economies will experience less harm despite steeper global oil output declines than 1970s
Written on April 17, 2026 at 11:56 am, by josephine
IEA says Iran War cuts 10 million barrels daily; prices rise modestly; lower oil intensity eases impact.
BNY’s Bob Savage says Q2 diversification depends on USD movements, mirroring Rest-of-World equity index correlation
Written on April 17, 2026 at 11:53 am, by josephine
BNY says USD moves drive Q2 diversification; ROW equities track dollar, while central-bank policy shifts currencies.
After rising to 215.70, GBP/JPY draws sellers, easing but remaining above 215.00 in Europe
Written on April 17, 2026 at 11:24 am, by josephine
GBP/JPY retreated from 215.70, held range near 215.25 as UK growth worries and weak yen persisted.
Deutsche Bank strategists say the S&P 500 hit a fresh record, while Nasdaq extended a 12-session streak
Written on April 17, 2026 at 11:22 am, by josephine
S&P 500 and NASDAQ hit record highs as Brent oil surged; Deutsche Bank highlights rare 11-day rally.
China’s EV Industry: A Growing Global Force
Written on April 17, 2026 at 11:12 am, by davin
China’s EV market is expanding rapidly, with rising exports, tech advancements, and lithium price dynamics. Key automakers like BYD and Tesla are central to this shift. | Opinion
Before Canada’s CPI release, the Canadian Dollar rises as ceasefire reports cut US Dollar demand
Written on April 17, 2026 at 10:55 am, by josephine
USD/CAD dips as ceasefire optimism and US-Iran deal talks weigh on dollar ahead Canada CPI data.
UOB strategists say AUD/USD eased from 0.7197, likely trading within 0.7130–0.7180 amid broader upside risk
Written on April 17, 2026 at 10:52 am, by josephine
AUD/USD retreats from 0.7197; range-bound 0.7130-0.7180, upside risk persists, but overbought conditions slow momentum again.
