Commodities Currency Pairs USDCAD and NZDUSD: Elliott Wave Analysis

Higher stocks are making the USD bearish, which came down also after some reversal on the US yields that stopped at the former high, around that broken trendline.

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CNY: Safe-haven role grows with stronger yuan – Societe Generale 14 April 2026

Societe Generale analysts highlight that CNY strength has resumed, with USD/CNY nearing 6.80 for the first time in three years as China-linked tankers transit the Strait of Hormuz.

Argentina Consumer Price Index (MoM) came in at 3.4%, above expectations (3%) in March 14 April 2026

Argentina Consumer Price Index (MoM) came in at 3.4%, above expectations (3%) in March

Forex Today: US Dollar extends slide as softer US data and Iran optimism reshape markets 14 April 2026

The US Dollar Index (DXY) fell toward the 98.10 region, reaching multi-week lows as softer inflation data and improving global sentiment led to a broad sell-off of the Greenback. Declining Oil prices and easing yields further contributed to the downward pressure.

Singapore: Imported energy shock drives MAS stance – UOB 14 April 2026

UOB’s Jester Koh highlights that MAS raised its 2026 core and headline inflation forecast ranges to 1.5–2.5% as imported energy costs surge. He stresses that higher Oil and gas prices will pass through to Singapore’s CPI via electricity, transport and goods.

AUD/USD Price Forecast: Bulls eye break above 0.7150-0.7170 resistance 14 April 2026

AUD/USD trades with a mild positive bias on Tuesday, supported by a softer US Dollar (USD) as renewed hopes of US-Iran talks weigh on the Greenback and lift demand for risk-sensitive currencies like the Australian Dollar (AUD).

USD/KRW: Two-way trade with geopolitical risk – OCBC 14 April 2026

OCBC strategists Sim Moh Siong and Christopher Wong note USD/KRW traded higher on heightened Middle East tensions and Oil gains, with Korean Won pressured as a higher-beta, net Oil importer currency.

WTI Oil retreats for third day on US-Iran diplomacy hopes, Hormuz risks cap downside 14 April 2026

West Texas Intermediate (WTI) US Oil declines on Tuesday, with the barrel trading around $89.10 at the time of writing, down 3.93% on the day.

USD/SGD: MAS tightening supports stronger Singapore Dollar – Commerzbank 14 April 2026

Commerzbank’s Charlie Lay and Moses Lim note that Monetary Authority of Singapore (MAS) has tightened policy by slightly increasing the pace of Singapore Dollar (SGD) Nominal Effective Exchange Rate (NEER) appreciation, focusing on inflation rather than growth.

Dow Jones Industrial Average climbs as soft PPI, Iran ceasefire hopes lift sentiment 14 April 2026

The Dow Jones Industrial Average (DJIA) gained around 300 points, or 0.60%, trading near 48,500. The S&P 500 rose 1.1% while the Nasdaq Composite jumped 1.8%, led by a broad rally in technology names.

GBP/USD nears 1.3590 as softer US PPI sinks Dollar demand 14 April 2026

The Pound Sterling (GBP) advances on Tuesday as traders remain optimistic about a possible resolution to the US-Iran conflict. At the same time, the US Dollar (USD) weakens amid a hot US inflation report that missed forecasts of a higher print.

USD/JPY tumbles as softer US data and BoJ hawkish tilt collide with shifting war sentiment 14 April 2026

The USD/JPY pair is trading with a bearish bias near the 158.90 region on Tuesday, extending recent losses as the US Dollar (USD) continues to soften amid improving risk sentiment on renewed hopes of United States (US)-Iran negotiations.

Asia FX: Mixed implications of Strait of Hormuz risk – MUFG 14 April 2026

MUFG’s Senior Currency Analyst Michael Wan highlights that Trump has begun a US naval blockade of the Strait of Hormuz, but risk assets have rebounded as talks between the US and Iran continue.

ECB’s President Lagarde: We have to be data dependent 14 April 2026

Christine Lagarde, President of the European Central Bank (ECB), spoke to Bloomberg TV on Tuesday. She claimed that they need to keep an eye on the medium term while checking data.

What Strait? US stocks soar as Oil market sells off on US-Iran negotiations 14 April 2026

Talks of another round of negotiations between the US and Iran are pushing US stock indices higher on Tuesday. Oil (WTI) futures buckled under the pressure, shedding nearly 7% to trade below $93 as the NASDAQ Composite and S&P 500 added 1.5% and 1.0%, respectively.

USD/CAD pares losses as Oil slides below $90 on US-Iran talks optimism 14 April 2026

USD/CAD trims some of its earlier losses on Tuesday as easing Oil prices on renewed US-Iran talks optimism weigh on the commodity-linked Canadian Dollar (CAD), helping the pair recover from intraday lows even as improving risk sentiment keeps the US Dollar (USD) under broad pressure.

Bessent says Fed should "wait and see" before cutting rates 14 April 2026

US Treasury Secretary Scott Bessent crossed the wires on Tuesday, stating that he’s “quite confident” that core prices would continue to edge lower in the US despite the Iran war, and that he’s pressing the Federal Reserve (Fed) to cut rates.

Pound Sterling Price News and Forecast: GBP/USD nears 1.3590 as softer US PPI sinks Dollar demand 14 April 2026

The Pound Sterling advances as traders remain optimistic about a possible resolution to the US-Iran conflict. At the same time, the US Dollar weakens amid a hot US inflation report that missed forecasts for a higher print. The GBP/USD trades near 1.3590, gaining 0.61%. Read More...

United States 52-Week Bill Auction up to 3.56% from previous 3.485% 14 April 2026

United States 52-Week Bill Auction up to 3.56% from previous 3.485%

Silver Price Forecast: XAG/USD jumps near $79 as Dollar weakens on softer US inflation 14 April 2026

Silver (XAG/USD) surges on Tuesday, trading around $78.80 at the time of writing, up 4.16% on the day as strong buying interest pushed Silver to a daily high of $79.32.

GBP/USD: Upside bias with limited resistance – Scotiabank 14 April 2026

Scotiabank notes the Pound is up 0.3% versus the Dollar, trading at pre‑conflict highs as investors welcome strong demand for UK debt. Domestic data risk is light before trade and industrial production, while BoE speakers, including Gov. Bailey, pose event risk.

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Commodities Currency Pairs USDCAD and NZDUSD: Elliott Wave Analysis

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