Forex

Monetary & Foreign exchange Market Recap – Apr. 23, 2026

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Monetary & Foreign exchange Market Recap – Apr. 23, 2026



Oil surged over 4% on Thursday as stalled US-Iran peace talks and Strait of Hormuz uncertainty rattled world markets, pushing equities decrease whereas lifting the US greenback.

US Dept of Justice drops probe of Jerome Powell
GBP/USD rises as Fed price lower odds increase Sterling
Do not wish to decouple with China, wish to de-risk
Optimistic bias prevails, eyes resistance above 113.50
Occasion Information: Australia’s Employment Report (January 2026)
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