Financial & Forex Market Recap – Apr. 28, 2026
WTI crude oil rallied for a seventh straight session amid deepening Hormuz stalemate fears, while the BOJ’s closest-ever vote sent the yen on a volatile round trip.
Read MoreWTI crude oil rallied for a seventh straight session amid deepening Hormuz stalemate fears, while the BOJ’s closest-ever vote sent the yen on a volatile round trip.
Read MoreThe Bank of Japan held its rate at 0.75% in a 6-3 vote — its closest call under Ueda — as Middle East conflict clouds the economic outlook.
Read MoreCanada’s central bank is scheduled to announce its monetary policy decision this week! Are they leaning towards hiking interest rates to combat inflation?
Read MoreWith oil driving inflation higher and cuts off the table (for now), will Powell’s final presser signal that rate hikes are coming?
Read MoreMarkets opened Monday cautiously as traders navigated nine weeks of Strait of Hormuz disruption and assessed new diplomatic signals from Tehran that offered some hope for resolution.
Read MoreIs the Bank of Japan (BOJ) getting ready to adjust monetary policy this time or will they just step up their jawboning game? Here’s what you need to know when trading this central bank event.
Read MoreThe week cycled through three scenario states before settling — and the framework’s two-tier WTI regime, DXY-first gold lens, and 7,049 equity floor all held.
Read MoreThe Strait of Hormuz kept markets on edge all week, but blowout US data, oil swings, and a hot NZD CPI made for no shortage of action.
Read MoreManufacturing is rebounding for the wrong reasons, services are slowing, and the dollar is the quiet winner in April’s PMI releases.
Read MoreOil surged over 4% on Thursday as stalled US-Iran peace talks and Strait of Hormuz uncertainty rattled global markets, pushing equities lower while lifting the US dollar.
Read MoreU.K. inflation climbed to its highest in three months in March as the Iran war sent fuel costs sharply higher.
Read MoreECB policymakers are publicly split on rate hikes amid the Iran war energy shock. Learn what hawk vs. dove central bank language means for EUR/USD traders.
Read MoreRisk appetite revived Wednesday as Trump extended the Iran ceasefire indefinitely and strong earnings lifted the S&P 500 to a record high while Bitcoin surged over 4%.
Read MoreA new era of American monetary policy is taking shape, and what it means for markets is only beginning to come into focus.
Read MoreWith conflict skewing PMI data and the ECB staying cautious, Thursday’s PMIs test for stagflation risk, a temporary shock, or contraction.
Read MoreThe U.K. labor market showed further signs of gradual cooling in March 2026, with payrolled employee counts declining for the second consecutive year and wage growth slipping to multi-year lows in real terms.
Read MoreIran’s formal refusal to join ceasefire talks sent oil surging nearly 7% and equities sharply lower, while strong U.S. data and Warsh’s Fed hearing supported the dollar.
Read MoreHotter-than-expected New Zealand inflation in Q1 2026 kept the Kiwi supported as rate hike bets picked up.
Read MoreUK inflation is back in focus — but is Wednesday’s jump in prices the start of something stickier, or just an energy blip?
Read MoreWhile wars and political crises grab the front page, the slow-burn trade war is still the dominant force behind commodity currency direction, quietly signaling something traders can’t afford to miss.
Read Moreit’s not so much the losses you might take on suboptimal trades that is the problem, but rather the major trade opportunities you will be prone to miss because of the adverse impact of such marginal trades on your focus and mindset.Amrit Sall