市场资讯

The GBP/JPY pair claws back its early losses and turns marginally positive around 215.45 during the European trading session on Thursday.

ING analysts Warren Patterson and Ewa Manthey say Brent has broken back above $100/bbl as the oil market reprices expectations around the Iran conflict and disruptions in the Persian Gulf.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining firm after two days of gains and trading around 98.60 during the early European hours on Thursday.

The USD/JPY pair attracts some buyers for the fourth consecutive day and trades around the 159.65-159.70 area, or a one-and-a-half-week top during the early European session on Thursday.

MUFG’s Senior Currency Analyst Lloyd Chan highlights that the Japanese Yen (JPY) may weaken further as the energy shock from Middle East tensions persists and markets delay expectations for a Bank of Japan (BoJ) rate hike to June.

Here is what you need to know on Thursday, April 23:

The Indian Rupee (INR) extends its losing streak for the fourth trading day against the US Dollar (USD) on Thursday.

Antje Praefcke at Commerzbank warns that Eurozone PMIs (Purchasing Managers' Index) may slip to or below 50 in April as the Middle East war weighs on orders and production.

The United Kingdom (UK) docket has the preliminary Purchasing Managers’ Index (PMI) data for April to be released by the S&P Global on Thursday, later in the day at 08:30 GMT.

Silver price (XAG/USD) is down almost 2.3% to near $76.00 during the European trading session on Thursday. The white metal faces selling pressure as oil prices extends its winning streak for the third trading day on Thursday.

The AUD/USD pair gives up its early gains and trades 0.24% lower around 0.7145 during the Asian trading session on Thursday.

GBP/USD remains subdued for the third successive day, trading around 1.3500 during the Asian hours on Thursday. The technical analysis of the daily chart indicates a potential for bearish reversal as the pair moves below the ascending channel pattern.

The USD/JPY pair loses traction to near 159.35 during the Asian trading hours on Thursday. US President Donald Trump’s extension of a ceasefire with Iran weighs on the US Dollar (USD) against the Japanese Yen (JPY).

Lebanon will push for a one-month extension of the current ceasefire with Israel during a second round of direct talks in Washington on Thursday, the Guardian reported on Thursday.

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.

Silver price (XAG/USD) declines after registering modest gains in the previous day, trading around $77.60 per troy ounce during the Asian hours on Thursday.

Iran fired on three ships in the Strait of Hormuz and escorted two of them to Iranian waters, the Wall Street Journal reported on Wednesday. The attacks came a day after US President Donald Trump extended a ceasefire while maintaining an American blockade of Iranian ports.

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – fades an Asian session spike to the $95.80-$95.85 area, or a one-and-a-half-week top, and retreats to the lower end of its daily range in the last hour.

NZD/USD remains stronger for the fourth consecutive day, trading around 0.5910 during the Asian hours on Thursday. The pair gains ground as the US Dollar (USD) struggles amid faded safe-haven demand following US President Donald Trump’s extension of a ceasefire with Iran.

The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.8650 compared to the previous day's fix of 6.8635 and 6.8294 Reuters estimate.

The US Dollar Index (DXY) held firm near the 98.60 area as investors continued to favor the Greenback amid lingering uncertainty around the US-Iran conflict.

GBP/JPY trades sideways, clinging to three days of consecutive gains, as market mood remains neutral, though slightly tilted toward optimism, amid high tensions in the Middle East.

Standard Chartered economists Hunter Chan and Shuang Ding argue that China has weathered the recent Middle East Oil shock relatively well due to its diversified energy mix and long-standing focus on non-fossil energy.

NZD/USD holds firm on Wednesday, with the New Zealand Dollar (NZD) outperforming its major peers on the back of a hawkish Reserve Bank of New Zealand (RBNZ) outlook.

USD/CAD continues to trade laterally on Wednesday during the North American session, flattish at around 1.3658, as the pair seems capped by Monday's price action, in which the Loonie appreciated 0.34% against the US Dollar (USD).

Gold (XAU/USD) price holds steady on Wednesday, staging a slight recovery following Tuesday’s over 2% drop, as the resolution of the conflict in the Middle East remains uncertain, while falling US Treasury yields boosted the precious metal’s appeal.

West Texas Intermediary (WTI) Crude Oil advances more than 3% on Wednesday, trading back above $92 after testing $93 earlier in the session. The move extends a sharp two-day recovery from Monday's low around $85, reclaiming territory last seen in early April.

Silver (XAG/USD) advances on Wednesday and trades around $77.70 at the time of writing, up 1.33% on the day. Silver is recovering after recent weakness as investors remain cautious amid persistent geopolitical tensions in the Middle East.

The Euro (EUR) weakens against the US Dollar (USD) on Wednesday, as ongoing tensions in the Strait of Hormuz offset the impact of the US-Iran ceasefire extension, keeping the Greenback supported.

DJIA futures turned higher during the Wednesday US session, with the contract recovering from an overnight low below 49,100 to trade back near 49,500 as risk appetite rebuilt.

Scotiabank strategists Shaun Osborne and Eric Theoret note the Canadian Dollar (CAD) is little changed versus the US Dollar (USD), trading around the midpoint of Tuesday’s range. April’s broader USD decline has largely closed CAD’s valuation gap to fair value near 1.3563.

Nomura economists argue that the latest energy price surge will be a larger drag on Euro area growth than a persistent inflation shock. They stress weaker labour markets in Northern Europe, limited fiscal space, more spare capacity and slowing wage growth.

OCBC strategists Sim Moh Siong and Christopher Wong highlight that Brent is nearing USD100 as flows through the Strait of Hormuz are unlikely to resume early, pushing markets into an Oil–stagflation channel.

ING’s James Smith notes that UK inflation rose to 3.3% in March on higher fuel costs and is likely to move towards 3.5–4% later in 2026, helped by July’s increase in household energy bills.

MUFG’s Derek Halpenny highlights that President Trump’s ceasefire extension has offered only limited relief, with Oil near USD 100 and risk sentiment deteriorating.

Gold (XAU/USD) rebounds on Wednesday, trimming a portion of the losses recorded on the previous day. The move follows the announcement by US President Donald Trump extending the ceasefire with Iran just hours before it was due to expire.

The US Dollar (USD) is trading practically flat, right above 159.00 against the Japanese Yen (JPY) on Wednesday, consolidating Tuesday’s gains amid cautious markets. Most US Dollar crosses remain moving within previous ranges as the situation in the Middle East deteriorates.

Societe Generale’s Kit Juckes argues EUR/USD is likely to stay range-bound as geopolitical risks and US policy uncertainty offset economic fundamentals. He notes two-year rate differentials point to EUR/USD near 1.14–1.17, while consensus GDP suggests 1.14 is appropriate.

Commerzbank economists Bernd Weidensteiner and Christoph Balz assess the implications of Kevin Warsh’s potential appointment as Federal Reserve (Fed) Chair for US monetary policy.

United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann observe that USD/JPY climbed to 159.37 as the Dollar strengthened. They see scope for a retest of 159.65, with limited follow-through above that level, and expect a broader 157.55–160.50 range.

The Euro (EUR) is heading south for the second consecutive day against the British Pound (GBP) on Wednesday, trading near session lows below 0.8700, as UK inflation figures put pressure on the Bank of England to bring the possibility of an interest rate hike back to the table.

The Islamic Revolutionary Guard Corps (IRGC) has warned it would inflict “crushing blows” against “the enemy’s remaining assets” in the Middle East if fighting resumed, according to Iran’s semi-official Tasnim news agency, The Guardian reported.

The GBP/JPY pair falls to near 215.10 during the European trading session on Wednesday. The pair drops as the Pound Sterling (GBP) faces selling pressure as the United Kingdom (UK) core Consumer Price Index (CPI) data for March arrives lower than estimates.

The USD/JPY pair adds to its modest intraday losses and moves further away from over a one-week high, around the 159.70 region, touched the previous day. Spot prices drop to the 159.00 neighborhood, or a fresh daily low, during the early European session, though the downside potential seems limited.

DBS Group Research economist Chang Wei Liang notes that while oil climbing toward $100 on stalled Iran-US talks has supported the US Dollar, this rebound will be capped by low conflict risks.

The NZD/USD pair gathers strength to near 0.5915 during the early European session on Wednesday. The New Zealand Dollar (NZD) edges higher against the US Dollar (USD) after US President Donald Trump says the US is extending the ceasefire with Iran at Pakistan's request. 

Crude prices edged lower on Wednesday following US President Donald Trump's unilaterally announced extension of the ceasefire on Tuesday.

MUFG's Senior Currency Analyst Lloyd Chan notes that stalled US–Iran talks and an extended United States (US) ceasefire have shifted the conflict into a prolonged standoff, with a continued blockade of Iranian ports.

The United Kingdom (UK) headline Consumer Price Index (CPI) rose 3.3% over the year in March, compared to a rise of 3.0% in February, the data released by the Office for National Statistics (ONS) showed on Wednesday. 

Silver price (XAG/USD) trades 2.3% higher to near $78.50 during the early European trade on Wednesday.