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Form 8K Woodward Inc For: 24 April

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Form 6K Navient Corp For: 24 April

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Form 8K Charter Communications Inc For: 24 April

Nomura Q4 2026 slides: annual records set despite profit decline

Form DEF 14A Chipotle Mexican Grill Inc For: 24 April

EU consumer staples commodity costs down 5% year-over-year in April

P&G tops estimates on beauty products demand, flags hit from higher input cost

AUD/USD holds losses around 0.7130 amid a sour market mood

The Australian Dollar (AUD) posts marginal gains against the US Dollar (USD) on Friday, but remains near 10-day lows of 0.7110, with upside attempts capped below 0.7135 so far.

ECB’s Kazimir: A slight ECB rate increase might be necessary

European Central Bank (ECB) Governing Council member and Governor of the National Bank of Slovakia (NBS) Peter Kazimir highlights the need for a slight interest rate increase during European trading hours on Friday. Kazimir warned that the Iran war could still significantly slow global growth.

US Dollar Index (DXY) holds gains near 99.00 as geopolitical tensions grow

The US Dollar (USD) remains strong against its main peers on Friday, with the USD Index (DXY) steady at the upper range of the 98.00s, as investors are reluctant to take excessive risks. The DXY is on track for a 0.4% weekly gain as tensions between the US and Iran escalate.

USD/INR rallies further amid higher oil prices, FIIs selling pressure

The Indian Rupee (INR) slides further against the US Dollar (USD) on Friday, extending its losing streak for the fifth trading day.

USD/JPY: Higher range capped below 160.05 – UOB

United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann note USD/JPY has pushed up to 159.84, validating earlier expectations for a retest of 159.65. While upward momentum is slowing, they still look for the pair to edge higher within a 159.40–160.05 intraday band.

EUR/JPY edges higher as policy caution, Middle East war temper Yen strength

EUR/JPY trades around 186.70 on Friday, posting a modest 0.06% gain as investors remain cautious ahead of a week marked by monetary policy decisions from several major central banks. The pair is supported by a broadly resilient Euro (EUR), while facing mixed flows on the Japanese Yen (JPY).

USD/CHF eases from daily highs, holds 0.7860 following comments by SNB Schlegel

The US Dollar (USD) maintains a near-term bullish trend against the Swiss Franc (CHF), but the pair eased from 10-day highs of 0.7875 on Friday to levels close to 0.7860, as the President of the Swiss National Bank (SNB), Martin Schlegel, hinted at changes in the bank’s monetary policy.

DXY: Fed repricing supports US currency – Deutsche Bank

Deutsche Bank analysts note that strong United States (US) Purchasing Managers' Index (PMI) data have reinforced perceptions of economic resilience and rising price pressures, leading markets to scale back expectations for Federal Reserve (Fed) rate cuts.

Silver price today: Silver falls, according to FXStreet data

Silver prices (XAG/USD) fell on Friday, according to FXStreet data. Silver trades at $74.82 per troy ounce, down 0.82% from the $75.44 it cost on Thursday.

Oil: Supply risks and stagflation fears – Rabobank

Rabobank’s Senior Macro Strategist Bas van Geffen notes that Oil prices have risen, with Brent futures around $106, as Middle East tensions and disruptions in the Strait of Hormuz intensify.

USD: Cautious tone into weekend – ING

ING’s Chris Turner notes that Gulf tensions and broadening inflation pressures are keeping investors wary of short US Dollar (USD) positions. He highlights firm short-dated US yields as markets price a stagflationary oil shock and a potentially more hawkish Federal Reserve (Fed).

ECB: Hawkish hold and June options – Nordea

Nordea’s Chief Analyst Jan von Gerich expects the European Central Bank (ECB) to leave policy rates unchanged at the April meeting while keeping all options open for June. He anticipates a hawkish communication tone that underpins market expectations for a June hike.

Iran warns US an eye for an eye over oil strikes

Iran’s deputy president Esmaeil Saqab Esfahani has warned the United States (US) of “an eye for an eye” over oil strikes, according to the Mehr news agency, The Guardian reported. Esfahani threatened to attack the oil facilities of the countries from whose soil Iranian oil wells will be targeted.

Silver Price Forecasts: XAG/USD hits fresh lows sub-$74.00 in risk-off markets

Silver (XAG/USD) trades lower for the second consecutive day on Friday, weighed by the US Dollar’s strength, as investors lose their hopes of a swift end to the Middle East conflict.

AUD/USD: Range trading persists near 0.7130 – UOB

United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann expect AUD/USD to remain in a consolidation phase after a brief dip to 0.7111 and close around 0.7130.

SNB’s Schlegel: Central bank is open to adjust monetary policy and made interventions

Swiss National Bank (SNB) Chairman Martin Schlegel said at the SNB's General Meeting during the European trading hours on Friday that the central bank has unrestricted room to maneuver on policy rate and made forex interventions.

USD/JPY: Uptrend resumes toward 2024 highs – Societe Generale

Societe Generale analysts observe that USD/JPY has formed a small base above its 50‑day moving average after an earlier failed breakout.

Brent: Geopolitical risk keeps prices elevated – Deutsche Bank

Deutsche Bank strategists highlight that Brent Oil continues to climb as US-Iran tensions persist and the Strait of Hormuz remains effectively closed. Brent futures across the curve have pushed to multi‑week highs, with US gasoline and inflation swaps also rising.

EUR/USD trades flat below 1.1700 before entering into central banks’ policies week

The EUR/USD pair trades in a tight range around 1.1700 during the European trading session on Friday. The major currency pair consolidates while the US Dollar (USD) trades broadly firm, with investors shifting focus to central banks’ policy meetings next week.

Gold bounces off two-week low; not out of the woods yet amid bullish USD

Gold (XAU/USD) recovers slightly from a nearly two-week low, touched earlier this Friday, though it lacks follow-through and remains below the $4,700 mark through the first half of the European session.

EUR/USD: Heavy tone with downside risks – ING

ING’s Chris Turner says rising short-dated Eurozone yields on higher Oil and pass-through of input costs are not clearly supportive for EUR/USD. He argues the European Central Bank must get ahead of inflation expectations and that current real rate differentials are unsupportive.

Forex Today: Middle East uncertainty keeps volatility contained

Here is what you need to know on Friday, April 24:

German IFO Business Climate arrives lower at 84.4 in April vs. 85.5 estimates

The German IFO Institute Business Climate Index deteriorates at a faster-than-expected pace to 84.4 in April. The sentiment data was expected to arrive at 85.5, down from 86.3 in March, revised lower from 86.4.

Equities: Earnings resilience and oil risk – BNY

BNY’s Bob Savage notes that Q1 S&P 500 earnings are strong but upside versus expectations is modest, with uneven Q2 and full‑year guidance. Sector leadership is concentrated in semiconductors, AI-linked names and parts of energy, while defense lags.

WTI Oil eases to levels near $94.00, but remains close to two-week highs

Crude prices are consolidating gains on Friday, following a three-day rally, as investors pare back hopes of an imminent peace deal between the US and Iran.

USD/RUB: Gradual rise toward 100.0 eyed – Commerzbank

Commerzbank’s Tatha Ghose expects the Russian central bank to deliver another 50bp rate cut, though a pause is possible as inflation picks up and global price risks worsen.

Dow Jones futures remains subdued due to stalled US-Iran peace efforts

Dow Jones futures pares its daily losses but remain in the negative territory, declining by 0.13%, trading above 49,400 during the European hours on Friday, ahead of the United States (US) regular opening.

GBP/USD: Risk building for test of 1.3400 – UOB

United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann highlight that GBP/USD dropped sharply to 1.3448 before recovering, with momentum still only modestly negative. They see scope for a dip toward 1.3440, though a move to 1.3400 looks unlikely on current intraday momentum.

USD/JPY: Intervention risks rise near 160 – OCBC

OCBC strategists Sim Moh Siong and Christopher Wong note that USD/JPY is again approaching 160 as the US Dollar (USD) benefits from safe-haven flows and Japanese authorities reiterate intervention readiness.

USD/JPY Price Forecast: Bulls await range breakout above 160.00 amid intervention fears

The USD/JPY pair enters a bullish consolidation phase on Friday and oscillates in a range below the 160.00 psychological mark through the early European session amid mixed cues. Nevertheless, spot prices seem poised to register gains for the first time in three weeks.

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