Euro heavy across majors as Germany slashes growth outlook

The euro is under broad pressure from geopolitical and growth headwinds, with large option expiry clusters the primary near-term anchor against a sharper selloff. Most EUR pairs trading heavy, weighed by Middle East standoff and growth concerns ECB on hold amid economic uncertainties; Germany has halved its growth forecasts Significant option expiry support: E14.2 billion between 1.1600-1.1695, E2.6 billion…

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Canadian Dollar bulls seem hesitant as Hormuz standoff aid USD

The USD/CAD pair retreats a few pips from a three-day high touched during the Asian session on Thursday, though it lacks follow-through amid mixed fundamental cues. Despite a temporary extension of the US-Iran ceasefire, a standoff over the Strait of Hormuz supports the safe-haven US Dollar and the currency pair. However, rising Crude Oil prices underpin the commodity-linked Loonie…

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Valuations support rupiah stability – MUFG

MUFG’s Senior Currency Analyst Lloyd Chan argues that while geopolitical risks stay elevated, valuation metrics such as REER now show meaningful Rupiah undervaluation versus the US Dollar. The bank’s base case is for near-term Rupiah stabilisation, with USD/IDR seen at 17,000 by end-Q2 and gradually improving Rupiah performance as policy support and flows strengthen. MUFG sees scope for gradual…

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Pound holds above 215.00 as momentum fades

GBP/JPY trades sideways on Wednesday, clinging to three consecutive days of gains, as market mood remains neutral, though slightly tilted toward optimism, amid high tensions in the Middle East. Consequently, the British Pound (GBP) —a risk-sensitive currency—appreciated modestly, with the cross-pair remaining above the 215.00 figure for the second straight day. GBP/JPY Price Forecast: Technical outlook From a technical…

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US Dollar Steadies As US-Iran Ceasefire Extends. Forecast as of 22.04.2026

2026.04.22 2026.04.22 US Dollar Steadies As US-Iran Ceasefire Extends. Forecast as of 22.04.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Kevin Warsh has stated that Donald Trump did not ask him to cut interest rates — and that he would have refused if asked. However, opposition from a Republican senator could delay the appointment of a new Fed chair. Let’s analyze the situation and…

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