Should we keep an eye on remarks by key figures in the U.S. and try to gauge the direction of currency strength?

Should we keep an eye on remarks by key figures in the U.S. and try to gauge the direction of currency strength?

14.04.2026 New

In yesterday's U.S. currency markets, the U.S. dollar fell against the euro.The EUR/USD pair rose from 1.1664 to 1.1765. This pushed the hourly RSI from 43 to 74 and caused the price to move from below the 20-day moving average (MA) to above it. On the 4-hour chart, the 20-day MA is acting as a support level, and the price is rising sharply; on the daily chart, the pair has extended its gains for six consecutive days. A band walk was observed at the +2σ level of the Bollinger Bands.

Among European currencies, the euro fell against the pound.The euro-pound pair fell from 0.8722 to 0.8696. On the hourly chart, it has dropped from the +2σ to the -2σ Bollinger Bands. On the 4-hour chart, it is searching for direction just below the 20-period moving average (MA), while on the daily chart, it is attempting to break below the 200-period simple moving average (SMA) support line. Meanwhile, on the weekly chart, the upside is being capped by the trend line drawn since last November.

Today’s schedule includes UK BRC same-store sales at 8:01, the Australian Westpac Consumer Confidence Index at 9:30, the Australian NAB Business Conditions Survey at 10:30, Japan’s Industrial Production at 13:30, remarks by UK MPC member Mann at 17:50, the US NFIB Small Business Optimism Index at 19:00, the US Producer Price Index(PPI), 11:00 PM UK MPC Member Green’s remarks, 1:05 AM UK BOE Governor Bailey’s remarks, 1:45 AM US Fed Governor Barr’s remarks, 2:00 AM US Philadelphia Fed President Paulson’s remarks, and 6:00 AM the following day European ECB President Lagarde’s remarks are scheduled.We should pay close attention to remarks by key figures during U.S. trading hours and assess currency strength.

Past Market Reports

1. 17.04.2026New

   Will the market wait and see how much further the U.S. dollar can rise against the yen?

2. 16.04.2026New

   Will the weakening Swiss franc recover? Attention is turning to price movements during European trading hours.

3. 15.04.2026New

   Market participants are likely keeping a close eye on the upside potential of the euro, which has risen against the U.S. dollar

4. 14.04.2026New

   Should we keep an eye on remarks by key figures in the U.S. and try to gauge the direction of currency strength?

5. 13.04.2026New

   Market participants are likely watching for signs of a rebound in the Canadian dollar, which fell against the U.S. dollar following the release of employment figures

6. 10.04.2026

   Will the weakening Swiss franc continue to strengthen against the yen, or should we wait and see?

7. 09.04.2026

   Will the U.S. dollar, which has fallen against the yen, continue its downward slide, or should we wait and see how the market moves?

8. 08.04.2026

   Should we keep an eye on the upside for European currencies that have risen against the U.S. dollar?

9. 07.04.2026

   Market participants may be wary of further downside potential for the U.S. dollar, which has weakened amid concerns over the situation in Iran

10. 06.04.2026

    Investors should be wary of sudden spikes in volatility while major markets are closed