Day: April 15, 2026

Eurozone Industrial Production rises faster by 0.4% MoM in November vs. 0.3% estimates

Eurozone Industrial Production rises faster by 0.4% MoM in November vs. 0.3% estimates

The Eurozone industrial sector activity rises 0.4% in February, faster than estimates of 0.3%, according to data published by Eurostat on Wednesday. In January, the Industrial Production data declined by 0.8%, revised higher from -1.5%. On an annualized basis, the industrial output declined steadily by 0.6%, while it was expected to have contracted at a faster pace […]

Overbought rally eyeing 1.3605 – UOB

Overbought rally eyeing 1.3605 – UOB

United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann highlight that GBP/USD extended gains to 1.3590, with short-term conditions remaining overbought. They see scope for a further push toward 1.3605, while judging the 1.3640 resistance as likely out of reach for now. Over the next 1–3 weeks, further Pound strength is expected […]

Australian Dollar gains support from US–Iran talks optimism

Australian Dollar gains support from US–Iran talks optimism

AUD/USD gains ground for the third successive day, trading around 0.7120 during the Asian hours on Wednesday. The pair appreciates as the Australian Dollar (AUD) receives support from improved market sentiment due to the potential for further United States (US)-Iran talks. The New York Post reported that US President Donald Trump signaled negotiations could resume […]