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When is the Canadian employment data and how it could it affect USD/CAD?
The Canadian labor market data for March is scheduled to be published today at 12:30 GMT.
USD/CAD
Fxstreet
Fri, Apr 10
Ukraine nears peace deal with Russia – Bloomberg
According to a report from Bloomberg, a senior adviser to Ukrainian President Volodymyr Zelenskyy said during European trading hours on Friday that Kyiv is close to reaching a peace deal with Russia.
Fxstreet
Fri, Apr 10
India: Gradual energy pass-through keeps RBI patient – DBS
DBS Group Research projects India’s March Consumer Price Index (CPI) inflation to edge up to 3.45% year-on-year from 3.2%, reflecting higher cooking gas, energy and input costs, while retail fuel and food stay benign. Precious metals’ correction tempers price pressures.
Fxstreet
Fri, Apr 10
Fed: Limited inflation shock, delayed cuts – Commerzbank
Commerzbank economist Bernd Weidensteiner notes that the Federal Reserve sees itself in a good position despite Iran‑related inflation risks, with officials expecting only a small core inflation impact.
Brent
Fxstreet
Fri, Apr 10
US: Energy shock set to lift headline CPI – Deutsche Bank
Deutsche Bank economists expect a sharp acceleration in US CPI for March as higher gasoline prices feed through. They project headline CPI at 0.95% month‑on‑month, the strongest since June 2022, lifting the annual rate back to 3.4%.
Fxstreet
Fri, Apr 10
ECB: Four rate hikes still baseline despite ceasefire – Nordea
Nordea’s Jan von Gerich and Tuuli Koivu updated their ECB outlook before the ceasefire news and now expect four 25bp hikes starting in June.
Fxstreet
Fri, Apr 10
Brent: Geopolitics keep risk premium elevated – Rabobank
Rabobank’s RaboResearch Global Economics & Markets team notes that Brent crude has firmed as markets weigh a fragile ceasefire between the United States and Iran and severe disruption in the Strait of Hormuz.
Brent
Fxstreet
Fri, Apr 10
US: War burden and spending power – UBS
UBS economist Paul Donovan discusses how US March consumer price inflation highlights US consumers’ war-related burden and affordability concerns.
Fxstreet
Fri, Apr 10
AUD/USD: Overdone rally still has room to test 0.7135 – UOB
United Overseas Bank’s (UOB) economists Quek Ser Leang and Lee Sue Ann note AUD/USD broke above the prior range, reaching near 0.7100. Despite labeling the recent surge as overdone, they still see room for a push toward 0.7135, with 0.7000 now the key strong support.
AUD/USD
Fxstreet
Fri, Apr 10
Italy Industrial Output s.a. (MoM) below forecasts (0.5%) in February: Actual (0.1%)
Italy Industrial Output s.a. (MoM) below forecasts (0.5%) in February: Actual (0.1%)
Fxstreet
Fri, Apr 10
Italy Industrial Output w.d.a (YoY) in line with forecasts (0.5%) in February
Italy Industrial Output w.d.a (YoY) in line with forecasts (0.5%) in February
Fxstreet
Fri, Apr 10
IDF remains in state of war with Lebanon
According to a report from the Guardian, Israel Defense Forces (IDF) chief of staff, Eyal Zamir, said that forces are continuing their combat operations in southern Lebanon and are “not in a ceasefire” with Hezbollah.
Fxstreet
Fri, Apr 10
US equities: Outlook-driven earnings season – BNY
BNY’s Head of Markets Macro Strategy Bob Savage argues that Q1 US equities will be driven more by forward guidance than reported earnings, with consensus S&P 500 earnings growth around 13% and wide dispersion in forecasts.
SPX500
Fxstreet
Fri, Apr 10
Brent: Supported near 96 as Hormuz traffic stalls – Danske Bank
Danske Research Team highlights that Brent crude is trading around USD 96 per barrel after sharp intraday swings tied to Middle East headlines.
Brent
WTI
Fxstreet
Fri, Apr 10
GBP/USD: Upside risk hinges on 1.3480 close – UOB
United Overseas Bank’s (UOB) economists Quek Ser Leang and Lee Sue Ann highlight a still-positive short-term outlook for GBP/USD after recent gains above 1.3450. They see scope for the Pound (GBP) to advance toward 1.3520, but stress that a daily close above 1.3480 is required.
GBP/USD
Fxstreet
Fri, Apr 10
Asian stocks rise as US-Iran ceasefire eases central banks’ rate hike odds
Asian equities rise following a rally on Wall Street overnight as the United States (US)–Iran ceasefire triggered a sharp drop in oil prices, easing concerns over renewed inflation and further rate hikes by the central banks.
Fxstreet
Fri, Apr 10
Austria Industrial Production (YoY) increased to 1.1% in February from previous 0.3%
Austria Industrial Production (YoY) increased to 1.1% in February from previous 0.3%
Fxstreet
Fri, Apr 10
DXY: Limited haven response to Oil shock – DBS
Philip Wee at DBS Group Research highlights that despite Brent crude trading in a USD 100–120 range in Q1 2026, the US Dollar Index (DXY) has stayed within its established 96–101 band.
US Dollar Index
Brent
Fxstreet
Fri, Apr 10
Japanese Yen drifts lower ahead of US CPI inflation data, US-Iran talks
The USD/JPY pair attracts some buyers to near 159.30 during the early European trading hours on Friday. A fragile ceasefire between the US and Iran provides some support to the US Dollar (USD) against the Japanese Yen (JPY).
USD/JPY
Fxstreet
Fri, Apr 10
Asia FX: Ceasefire bounce faces oil and Fed headwinds – MUFG
MUFG’s Senior Currency Analyst Lloyd Chan argues that Asia FX gains on ceasefire hopes are running ahead of fundamentals, as Oil retains a structural floor and US yields stay elevated.
Brent
US Dollar Index
Fxstreet
Fri, Apr 10
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