Euro Forecast: EUR/USD Recovery, EUR/GBP Reversal Risk

Euro Forecast: EUR/USD Recovery, EUR/GBP Reversal Risk https://www.dailyfx.com/forex/market_alert/2021/10/19/Euro-Forecast-EURUSD-Recovery-EURGBP-Reversal–Risk.html Euro eyes psychological barrier as USD slides. Risk to chasing EUR/GBP lower from current levels.

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Brent: Conflict-driven supply shock supports prices – Societe Generale 15 April 2026

Societe Generale analysts warn that President Trump’s move toward shutting the Strait of Hormuz and ongoing Iranian threats are likely to keep Brent supported.

EUR/USD holds gains near 1.1800 on hopes a resolution of Iran’s war 15 April 2026

The (EUR) is trading practically flat against the US Dollar (USD) on Wednesday, changing hands at 1.1785 at the time of writing, following a nearly 2.5% rally over the previous seven trading days.

EUR/JPY steadies near 187.50 as improved oil prices weighs on Japanese Yen 15 April 2026

EUR/JPY moves little after registering little losses in the previous day, trading around 187.30 during the early European hours on Wednesday.

AUD: Constructive outlook holds after confidence shock – OCBC 15 April 2026

OCBC strategists Sim Moh Siong and Christopher Wong note that the Australian Dollar (AUD) has been restrained by a sharp slump in confidence despite hawkish Reserve Bank of Australia (RBA) rhetoric.

S&P 500: Index nears record with risk rally – Deutsche Bank 15 April 2026

Deutsche Bank economists report highlights a strong rally in the S&P 500, which has risen in 9 of the last 10 sessions and now trades just below its record high.

USD/CAD Price Forecast: Holds above 200-SMA on H4, around 1.3770-1.3775 amid mixed setup 15 April 2026

The USD/CAD pair struggles to capitalize on an intraday uptick and trades around the 1.3770-1.3775 region, up less than 0.05% for the day heading into the European session on Wednesday.

USD/INR drops as US-Iran prepares to resume negotiations 15 April 2026

The Indian Rupee (INR) gains against the US Dollar (USD) on Wednesday after a holiday the previous day due to Dr. Baba Saheb Ambedkar Jayanti.

France Consumer Price Index (EU norm) (MoM) in line with forecasts (1.1%) in March 15 April 2026

France Consumer Price Index (EU norm) (MoM) in line with forecasts (1.1%) in March

France Inflation ex-tobacco (MoM) up to 1% in March from previous 0.6% 15 April 2026

France Inflation ex-tobacco (MoM) up to 1% in March from previous 0.6%

France Consumer Price Index (EU norm) (YoY) above forecasts (1.9%) in March: Actual (2%) 15 April 2026

France Consumer Price Index (EU norm) (YoY) above forecasts (1.9%) in March: Actual (2%)

GBP/USD: Overbought rally eyeing 1.3605 – UOB 15 April 2026

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.

AUD/USD Price Forecast: Looks likely to reclaim multi-year high of 0.7190 15 April 2026

The Australian Dollar (AUD) outperforms its major currency peers, trading 0.23% higher to near 0.7137 against the US Dollar (USD), during the early European session on Wednesday.

India WPI Inflation above forecasts (3%) in March: Actual (3.88%) 15 April 2026

India WPI Inflation above forecasts (3%) in March: Actual (3.88%)

Equities: Peace trade lifts growth and cyclicals – Danske Bank 15 April 2026

Danske Research Team notes global equities extended gains, pushing MSCI World above pre-war levels on the back of strong earnings revisions. Growth and cyclical stocks outperformed value and defensives, with small caps also participating.

WTI Oil picks up to $89.00 as US announces a total blockade of Hormuz 15 April 2026

Oil prices have bounced up during the Asian session, as the US military announced a total blockade of the Strait of Hormuz on Tuesday, increasing the chokehold on supply and putting the new round of talks with Iran into question.

Brent: Demand risks offset hope on Iran talks – Commerzbank 15 April 2026

Commerzbank strategists note that Brent Oil dropped nearly 5%, reversing Monday’s gains, as hopes for a second round of US–Iran negotiations and International Energy Agency (IEA) warnings of demand destruction weighed on prices.

Gold sticks to modest losses below four-week high amid USD uptick; bears lack conviction 15 April 2026

Gold (XAU/USD) remains depressed below a nearly four-week high, touched earlier this Wednesday, though it lacks follow-through selling and holds above the $4,800 mark heading into the European session.

USD/CHF sees more downside below 0.7800 as US-Iran talks to resume soon 15 April 2026

The USD/CHF pair trades flat around 0.7812 during the late Asian trading session on Wednesday, but is still close to its monthly low of 0.7790 posted the previous day.

Pound Sterling Price News and Forecast: GBP/USD falls despite rising optimism on Middle East diplomacy 15 April 2026

GBP/USD halts its seven-day winning streak, trading around 1.3560 during the Asian hours on Wednesday. The pair loses ground as the US Dollar (USD) edges higher despite dampened safe-haven demand amid growing market optimism amid hopes for a diplomatic solution to the Middle East conflict.

Saudi Arabia Gold price today: Gold falls, according to FXStreet data 15 April 2026

Gold prices fell in Saudi Arabia on Wednesday, according to data compiled by FXStreet.

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Euro Forecast: EUR/USD Recovery, EUR/GBP Reversal Risk

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