PBoC: Steepening bias as industrial activity holds – DBS.PBoC: Steepening bias as industrial activity holds – DBS

investingLive Americas FX news wrap 24 Apr.The North American session leaned firmly toward a risk-on tone, with equities pushing higher, oil easing, and yields drifting modestly lower. The backdrop for the move was driven largely by renewed diplomatic momentum, as talks between the U.S. and Iran appear to be gaining traction- with Pakistan playing a central role.

Natural Gas Price Forecast: Breakdown Opens Lower Targets.Natural gas confirmed a bearish breakdown, exposing lower Fibonacci targets as sellers maintain control and volatility risks increase heading into the new trading week.

Crude Oil trades above $95 ahead of weekend risk – WTI Technical analysis.WTI Oil pre-weekend Update: Crude hovers above $95 as traders brace for a high-risk weekend of US-Iran diplomatic talks. With the US enforcing a heavy Strait of Hormuz blockade and a massive 13 million bpd supply drought warping fundamentals, explore an in-depth technical analysis of WTI.

PHP: BSP tightening supports Peso but risks linger – OCBC.PHP: BSP tightening supports Peso but risks linger – OCBC

US Dollar Forecast: DXY Falls as Powell Probe Dropped, Warsh Boosts Cut Bets.The US Dollar Index slips as Powell probe ends and Warsh boosts rate cut bets, with markets pricing easier Fed policy and weaker dollar demand.

Meeting between US and Iran may not take place until Monday.There is a lot of jockeying for position the weekend. A trilateral meeting with US Iran and Pakistan will be considered only after Pakistan meets with Iran's Araghchi Meeting between USN Iran may not take place until Monday Witkoff and Kushner meanwhile will have separate talks with Pakistan on Sunday Iran's foreign ministry press release says: Iranian foreign minister will meet with high-ranking Pakistani officials to discuss the latest regional development as well as ongoing efforts for regional peace and stability Other sources close to Iran's supreme National Security Council have emphasized that no negotiations with the US are going to take place.

BoC: Cautious hold and two‑sided risks – TD Securities.BoC: Cautious hold and two‑sided risks – TD Securities

Global Central Banks decisions highlight next week's calendar: Market Volatility Ahead.The week ahead is stacked with global central bank decisions and top-tier inflation and growth data, making it one of the most important macro weeks of the month. The Bank of Japan kicks things off, but the focus quickly shifts to a midweek cluster of Bank of Canada and FOMC decisions, followed by a “super Thursday” featuring the BOE and ECB alongside U.S. GDP and Core PCE.

BoE: MPC holds vigilant stance – Rabobank.BoE: MPC holds vigilant stance – Rabobank

Natural Gas News: Bearish Forecast as Inventory Builds Pressure Futures.Natural gas futures fall as a bearish storage report and rising inventory weaken the market. Forecast points lower with soft demand and warm weather in play.

Forecasting the upcoming week: US Dollar eases into weekend as markets eye central bank meetings.Forecasting the upcoming week: US Dollar eases into weekend as markets eye central bank meetings

Why the Oil Shock Isn't Just an Energy Story – It's an Everything Story.Oil shocks rarely stay in the Oil market. They move through freight rates, food prices, inflation expectations, central-bank policy, corporate margins and household confidence.

Germany: Growth hit by energy shock – Commerzbank.Germany: Growth hit by energy shock – Commerzbank

Treas Sec. Bessent: Growth-first strategy drives U.S. economic push.Scott Bessent in a WSJ interview speaks about the key economy and policy goals as he maneuvers through the Iranian war and other global economic hurdles.:

United States Baker Hughes US Oil Rig Count down to 407 from previous 410.United States Baker Hughes US Oil Rig Count down to 407 from previous 410

USD: Inflation shock risk from Hormuz blockade – MUFG.USD: Inflation shock risk from Hormuz blockade – MUFG

U.S. consumer sentiment under pressure from war and rising oil prices.U.S. consumer sentiment fell to a record low in April as the war with Iran, higher energy prices and rising inflation expectations weighed on household confidence. Oil market disruptions in the Gulf and the near-total halt in traffic through the Strait of Hormuz continue to keep pressure on crude prices.

WTI Oil declines as fragile Iran-US talks, weakening US sentiment temper upside.WTI Oil declines as fragile Iran-US talks, weakening US sentiment temper upside

Japanese Yen Forecast: USD/JPY Coils Below 160—Breakout Setup Builds.USD/JPY continues to consolidate just below a key resistance zone after a strong advance, with price action reflecting a period of compression near recent highs. The pause in momentum suggests a potential buildup for a larger move, with the broader uptrend still intact for now.

GBP: BoE holds as energy shock clouds outlook – Nomura.GBP: BoE holds as energy shock clouds outlook – Nomura

USD/JPY: Supported but capped below 160 – DBS.USD/JPY: Supported but capped below 160 – DBS

WTI: Higher path feeding BoC inflation forecasts – TD Securities.WTI: Higher path feeding BoC inflation forecasts – TD Securities

Dollar swap line talks ongoing with Gulf and Asian partners, Treasury's Bessent says.Treasury Secretary Scott Bessent said on Friday that ​discussions of U.S. dollar swap lines ‌are part of ongoing, routine conversations with countries, including Gulf and Asian allies.

ECB: Expected to hike in June as inflation risks build – Commerzbank.ECB: Expected to hike in June as inflation risks build – Commerzbank

Crude Oil – 24.04.2026.Crude Oil held above the support of 76.00 while managing to pass above the resistance at 92.35. As we see over the chart, the market is facing a trading zone between support 87.00-85.00 and resistance 99.00 as the advance could continue if the Strait of Hormuz remains closed.

USD/JPY – 24.04.2026.The pair managed again to hit another correction while still facing the support zone of 157.25-65, which could hold prices inside this trading zone toward resistances 160.20 or 161.95. Above 161.95 the market could enter a new uptrend wave with first target toward 163.80.

USDJPY Slows on Approach to 160 Zone as Japan's Authorities Repeat Signals of Potential Intervention.USDJPY keeps firm tone and trading near psychological 160 barrier, with near term action being slower on Friday, in comparison to strong gains in previous few sessions.

The calm before the storm? Key weekend risk incoming – Overnight Market Check.Market Check update: Uncertainty grips the markets as US-Iran peace talks face further delays following the removal of Iranian Parliament Speaker Ghalibaf from the negotiating team. With the US maintaining a strategic blockade on the Strait of Hormuz, Iran is put under pressure to enter the talks.

BoE: Hold stance and resilient UK data – TD Securities.BoE: Hold stance and resilient UK data – TD Securities