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

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

April 17, 2026 1:05 PM UTC

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

This week's five highlights

April 17, 2026 11:00 AM UTC

Iran Blockade and What Next?
This Week's Fed Speakers
DXY Limited tests higher 
UK GDP Fresh But Fleeting Momentum Before the War
China GDP Beat, But Domestic Demand Weak

FX Daily Strategy: N America, April 17th

April 17, 2026 9:13 AM UTC

Geopolitical Picture Still Unclear
USD/JPY Consolidating, but room for lower later
AUD/USD New YTD high

Chart USD Index DXY Update: Gains to remain limited

April 17, 2026 8:04 AM UTC

Little change, as mixed intraday studies keep near-term sentiment cautious

Chart GBP/USD Update: Leaning lower

April 17, 2026 7:35 AM UTC

Cautious trade has given way to a drift lower

Chart EUR/AUD Update: Consolidating test of 1.6425/00 support

April 17, 2026 6:57 AM UTC

Little change, as prices consolidate test of support at the 1.6425/00 area

Chart AUD/NZD Update: Within reach of 1.2200 current year high

April 17, 2026 6:48 AM UTC

Extending bounce from support at the 1.2050 congestion to expose the 8 April current year high at the 1.2200 level to retest

Chart USD/CNH Update: Consolidating

April 17, 2026 6:28 AM UTC

Higher from the 6.8060 low as prices consolidate sharp losses from the 6.9300/6.9500 resistance

Asia Summary and Highlights 17 Apr

April 17, 2026 5:23 AM UTC

Bank of Japan Governor Ueda "no comment" on declining market expectations for April rate hike
Trump says war in Iran "should be ending pretty soon"

Chart USD/INR Update: Leaning lower in consolidation

April 17, 2026 4:52 AM UTC

Leaning lower in consolidation following pullback from the 93.4100 Wednesday's high through the 93.0000 level

AUD/USD flows: Profit taking before weekend

April 17, 2026 4:46 AM UTC

Trump says war in Iran "should be ending pretty soon"

Chart USD/IDR Updates: Fresh historic high

April 17, 2026 4:27 AM UTC

Still pressuring the upside with gains reaching fresh all-time high at 17182

FX Daily Strategy: Europe, April 17th

April 17, 2026 3:49 AM UTC

Geopolitical Picture Still Unclear
USD/JPY Consolidating, but room for lower later
AUD/USD New YTD high

USD/JPY flows: Ueda No Comment

April 17, 2026 3:47 AM UTC

Bank of Japan Governor Ueda "no comment" on declining market expectations for April rate hike

Chart USD/THB Update: Consolidating above 32.00/31.89 support

April 17, 2026 2:50 AM UTC

Keeping above the 32.00/31.89 support as prices consolidate losses from the 33.05 March current year high

Chart USD/KRW Update: Higher in consolidation

April 17, 2026 2:41 AM UTC

Turned up from test of the 1472.00/1465.00 support and 61.8% Fibonacci level

Chart USD/SGD Update: Higher in consolidation above 1.2700 support

April 17, 2026 2:31 AM UTC

Limited on break of the 1.2700 level and bounce from 1.2685 low see prices consolidating losses from the 1.2930 March current year high

Chart GBP/USD Update: Leaning lower in consolidation

April 17, 2026 1:36 AM UTC

Leaning lower from the 1.3595  high as prices consolidate strong gains from the 1.3160 March low and unwind overbought intraday and daily studies

Chart EUR/JPY Update: Extending gains, room to 188.00/20 resistance

April 17, 2026 1:12 AM UTC

Still pressuring the upside and break above 187.70 high of Wednesday see room for extension to the 188.00 level

Chart USD/JPY Update: Extend consolidation within 160.00/158.00 range

April 17, 2026 1:01 AM UTC

Retest of strong support at the 158.27/158.00 lows has given way to bounce to regain the 159.00 level

Chart NZD/USD Update: Leaning lower in consolidation

April 17, 2026 12:47 AM UTC

Turned lower from the .5920 high as prices consolidate strong gains from the .5680 low of 3 April