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April 20, 2026

North American Summary and Highlights 20 Apr
Freemium Article

April 20, 2026 7:52 PM UTC

Overview - The USD corrected from its Asian bounce as traders awaited fresh news in the Middle East. 

Canada - BoC Q1 Business Outlook Survey - Stronger but not fully catching war impact
Paying Article

April 20, 2026 7:42 PM UTC

The Bank of Canada’s Q1 business outlook survey released earlier today was generally improved, with the business outlook indicator of -0.36 from -1.78 the strongest since Q4 2022, with respondents reporting less of a drag from trade tensions. The survey may be however overstating current optimism,

Chart USD/CAD Update: Focus on strong support at the 1.3630 Fibonacci retracement
Freemium Article

April 20, 2026 3:42 PM UTC

The bounce from 1.3650 has met renewed selling interest at 1.3700

FX Daily Strategy: Asia, April 21th
Paying Article

April 20, 2026 3:00 PM UTC

U.S. March Retail Sales Show Surge on gasoline prices
Geopolitics Favor DXY in a Short Term
NZ Q1 CPI May Further Tilt the RBNZ

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Eurozone Flash GDP Preview (Apr 30): Softer Even Before Iran Conflict?
Paying Article

April 20, 2026 1:20 PM UTC

We have been critical of the ECB assertion (at least before the Iran War) that the EZ economy was in a ‘good place’.  This to us was too backward looking and amid some signs in both hard, soft and monetary data, that the economy going into the last quarter was slowing.  Indeed, part of a broad

Canada March CPI - Energy bounces but subdued elsewhere
Paying Article

April 20, 2026 1:01 PM UTC

Canadian CPI increased to 2.4% yr/yr in March from 1.8% in February but the increase was less steep than expected. Seasonally adjusted the monthly gain was 0.5% but with ex food and energy CPI unchanged, suggesting a subdued underlying picture.

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Preview: Due April 21 - U.S. March Retail Sales - Surge on gasoline prices, underlying trend subdued
Freemium Article

April 20, 2026 12:16 PM UTC

We expect March retail sales to surge by 1.4% largely on surging gasoline prices, with sales ex auto and gasoline even stronger at 1.6%. Ex autos and gasoline we expect a rise of only 0.2%, on the weak side of a trend that has recently lost momentum.

Chart EUR/CAD Update: Early losses not sustained - studies under pressure
Paying Article

April 20, 2026 11:38 AM UTC

The opening gap below 1.6100 has bounced from 1.6055~

Psychology for major markets Apr 20
Paying Article

April 20, 2026 9:29 AM UTC

U.S. blockade complicates negotiation

FX Weekly Strategy: N America, April 20-24th
Paying Article

April 20, 2026 9:17 AM UTC

UK CPI Being Fueled But Watch Financial Conditions?
Canada March CPI Higher on energy but core rates seen close to stable
U.S. April S&P PMIs Slightly firmer despite Middle East risk
U.S. March Retail Sales Surge on gasoline prices

Chart USD/CHF Update: Choppy in range
Paying Article

April 20, 2026 9:06 AM UTC

The test below 0.7800 has bounced sharply from 0.7775, with prices currently balanced around 0.7815.

Chart AUD/USD Update: Sharp pullback from fresh 2026 year highs
Paying Article

April 20, 2026 8:23 AM UTC

The break above resistance at the 0.7200 Fibonacci retracement to fresh 2026 year highs around 0.7220~ has been met by strong selling interest

Chart USD/JPY Update: Back in range
Paying Article

April 20, 2026 8:08 AM UTC

Anticipated losses have bounced smartly from above support at the 157.50 weekly low of 19 March

Chart USD Index DXY Update: Limited tests higher
Paying Article

April 20, 2026 8:01 AM UTC

The anticipated break below 98.00 has bounced smartly from above support at 97.50

Chart EUR/USD Update: Choppy trade under pressure
Paying Article

April 20, 2026 7:40 AM UTC

The opening gap below 1.1760 has bounced from 1.1730~

Chart GBP/USD Update: Choppy trade - studies under pressure
Freemium Article

April 20, 2026 7:33 AM UTC

The opening gap below 1.3500 has bounced from 1.3475

USD/JPY flows: USD Still Broadly Stronger
Paying Article

April 20, 2026 5:27 AM UTC

US-Iran gaps said to narrow

FX Weekly Strategy: Europe, April 20-24th
Paying Article

April 20, 2026 4:00 AM UTC

UK CPI Being Fueled But Watch Financial Conditions?
Canada March CPI Higher on energy but core rates seen close to stable
U.S. April S&P PMIs Slightly firmer despite Middle East risk
U.S. March Retail Sales Surge on gasoline prices

AUD/USD flows: Gap Closing
Paying Article

April 20, 2026 1:06 AM UTC

Early Gap Being Filled
U.S. envoy Waltz says strikes remain option ahead of talks

April 17, 2026

Chart USD/CAD Update: Strong support at the 1.3630 Fibonacci retracement
Freemium Article

April 17, 2026 3:58 PM UTC

Anticipated losses have reached congestion around 1.3650

FX Weekly Strategy: Asia, April 20-24th
Paying Article

April 17, 2026 3:00 PM UTC

UK CPI Being Fueled But Watch Financial Conditions?
Canada March CPI Higher on energy but core rates seen close to stable
U.S. April S&P PMIs Slightly firmer despite Middle East risk
U.S. March Retail Sales Surge on gasoline prices

Chart AUD/USD Update: Fresh year highs
Paying Article

April 17, 2026 1:43 PM UTC

Cautious trade is giving way to anticipated gains

Preview: Due April 20 - Canada March CPI - Higher on energy but BoC core rates seen close to stable
Paying Article

April 17, 2026 1:29 PM UTC

We expect March Canadian CPI to bounce to 2.8% yr/yr from 1.8% in February, reaching its highest since May 2024. We expect ex food and energy CPI to also pick up, to 2.3% yr/yr from 2.0%, but we expect the Bank of Canada’s three core rates to be close to stable, still slightly above the 2.0% targe

Chart USD/JPY Update: Leaning lower in range
Paying Article

April 17, 2026 1:05 PM UTC

The anticipated test above congestion resistance at 159.00 has met sharp selling interest around 159.50

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Equities: Still a Rocky Road in 2026
Freemium Article

April 17, 2026 12:49 PM UTC

·       Any deal between the U.S. and Iran would still be seen as a positive win in equities, as it would raise hopes that it could be followed by a multi-year settlement that could include more Iran oil and gas into the global energy markets and lower energy prices. No deal is also feasible,