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FXStreet

USD/CAD hits lows sub-1.3650 with the US-Iran ceasefire on tenterhooks

The USD/CAD pair has fallen to session lows below 1.3650 following rejection at the 1.3675 resistance level on Tuesday. The decline reflects broader USD weakness amid geopolitical tensions and uncertainty surrounding the...

FXStreet

EUR/JPY edges higher as ECB caution, Oil‑linked Yen dynamics shape trade

The EUR/JPY cross is trading near 187.25, reflecting a modest 0.05% gain as of Wednesday. The pair's stability is attributed to the Euro's resilience amid geopolitical tensions and divergent monetary policy outlooks betw...

FXStreet

EUR/GBP: Limited downside after inflation data – ING

ING strategist Francesco Pesole argues that EUR/GBP faces limited further downside after slipping below 0.8700, citing UK political risks and stretched Bank of England (BoE) tightening expectations as key factors. The pa...

ActionForex

Republicans are Indirectly Backing a Tougher Fed Policy

The article discusses how Republican inaction in confirming Federal Reserve nominee Randal Quarles indirectly pressures the Fed to adopt a tighter monetary policy. Key factors include stalled US-Iran negotiations, a 1.7%...

ActionForex

USD/JPY Pulls Higher: Yen Doubts Bank of Japan

USD/JPY rose to 159.36 mid-week as the Japanese yen weakened for the second consecutive day. The market anticipates the Bank of Japan's policy outlook ahead of its upcoming meeting, with expectations that the central ban...

DailyForex

Silver Forecast: Silver Drops as Rates Rise - 22 April 2026

Silver prices fell sharply as rising interest rates and geopolitical tensions pressured the market. Analysts highlight $70 as a critical support level, with further declines likely if this threshold breaks. Higher borrow...

DailyForex

USD/SGD Forecast: On the Cusp of a Bearish Breakout as Singapore Dollar Jumps - 22 April 2026

The USD/SGD pair has faced sustained downward pressure in recent weeks as the US dollar weakens against the Singapore dollar. Current levels near 1.3350 suggest a potential bearish breakout could occur if key support lev...

FXStreet

WTI Oil eases to $87.50 amid a fragile US-Iran ceasefire

Crude oil prices declined to $87.50 per barrel as markets reacted to a unilateral U.S. extension of the ceasefire with Iran. The fragile truce, announced by President Trump, reduced immediate geopolitical tensions but fa...

FXStreet

USD/TRY: Policy inaction risks sharper Lira sell-off – Commerzbank

Commerzbank analyst Tatha Ghose highlights the uncertainty surrounding Turkey's Central Bank (CBT) policy decision, where markets are divided between a potential 300 basis point rate hike and maintaining the current stan...

FXStreet

Oil: Geopolitical choke points reshape risk – Rabobank

Rabobank's Global Strategist Michael Every has revised its base case for the Iran conflict, shifting from a temporary closure of the Strait of Hormuz to a prolonged disruption. This update highlights sustained risks to g...

ActionForex

EURUSD Elliott Wave Forecast: Support Seen Near 1.165

The EUR/USD pair is being analyzed through an Elliott Wave framework, with a focus on a potential support level near 1.165. The structure shows a five-wave impulsive pattern starting from a March 14, 2026 low. Wave 1 con...

Argaam

‎US stocks close lower; Dow sheds 290 points

The U.S. stock market closed lower on Wednesday, with the Dow Jones Industrial Average dropping 290 points, or 0.8%, to 34,200. The S&P 500 and Nasdaq Composite also fell by 0.6% and 0.4%, respectively. The decline was d...

Argaam

‎Alinma Bank EGM OKs 1:5 bonus issue

Alinma Bank's shareholders approved a 20% capital increase through a one-for-five bonus share distribution at an extraordinary general meeting (EGM) on April 2. The capital hike, funded by SAR 5 billion from statutory re...

DailyForex

Forex Today: Ceasefire Extended, as Trump Waits for “Unified” Iranian Proposal - 22 April 2026

Markets are navigating a delicate balance between optimism over an extended Middle East ceasefire and strong US economic data, including a robust labor market and manufacturing figures. The extension of the ceasefire has...

ActionForex

AUD/USD Daily Report

The AUD/USD pair is currently consolidating near the 0.7221 level with a neutral intraday bias. Key support and resistance levels include S1 at 0.7128, the pivot at 0.7157, and R1 at 0.7184. Technical analysis suggests t...

Argaam

‎Al-Modawat plans SAR 30M sukuk issuance

Al-Modawat Specialized Medical Co., listed on Saudi Exchange (Tadawul), announced plans to issue SAR-denominated Islamic sukuk worth SAR 30 million through a private placement. The issuance aims to strengthen working cap...

FXStreet

USD: Recovery restrained as conflict risk seen low – DBS

DBS Group Research economist Chang Wei Liang highlights that the US Dollar's recent rebound has been supported by rising oil prices approaching $100, driven by stalled Iran-US negotiations. However, he argues that the re...

ActionForex

USD/CHF Daily Outlook

The USD/CHF pair is currently consolidating above the 0.7774 level with a neutral intraday bias. Key technical levels include support at 0.7782 (S1), pivot at 0.7805, and resistance at 0.7830 (R1). The pair's upside is e...

Argaam

‎Trump says Iran 'collapsing financially' over Hormuz closure

US President Donald Trump claimed Iran is facing a financial collapse due to the ongoing closure of the Strait of Hormuz, stating that the country is losing $500 million daily and that its military and police forces are...

ActionForex

Mixed Reaction to Extended Ceasefire

The Middle East ceasefire has been extended despite former US President Donald Trump's earlier warnings against its continuation. This development signals potential shifts in US influence in the region and raises questio...