Monthly Archives: April 2026
41654156156Oil Trades in Thin Liquidity as U.S.–Iran Talks Continue, Hormuz Reopening in Focus
Written on April 28, 2026 at 6:39 am, by pumarketings
Key Takeaways: *U.S.–Iran discussions continue with no clear breakthrough yet *Proposal to reopen Strait of Hormuz under negotiation *Oil market liquidity remains thin amid uncertainty *Long-term oil bias stays supported by supply risks Market Summary: Crude oil prices traded in a cautious and low-liquidity environment as ongoing discussions between the United States and Iran failedContinue Reading
US Dollar Rebounds Ahead of Central Bank Decisions
Written on April 28, 2026 at 6:33 am, by pumarketings
Key Takeaways: *US dollar edges higher after testing key support *Bargain buying and positioning ahead of central bank meetings support USD *Multiple major central bank decisions this week drive uncertainty *Gold declines as markets price in more hawkish policy outlook Market Summary: The US dollar index rebounded modestly after finding support, as markets positioned aheadContinue Reading
Yen Weakness May Extend After BoJ Rate Decision
Written on April 28, 2026 at 6:31 am, by pumarketings
Key Takeaways: *The Japanese yen remains under pressure as the Bank of Japan maintains ultra-loose policy, widening yield gaps and fueling carry trades against higher-yielding currencies. *Markets expect no change from Kazuo Ueda, but any hawkish signals toward a June hike could trigger a short-term yen rebound. *Rising oil prices and geopolitical tensions add downsideContinue Reading
