Eamonn Sheridan

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Forex
usd index dxy 22 April 2026
Forex

JPMorgan turns selectively bearish US dollar post-ceasefire, favour high-yield, risk FX

  • The call leans against the USD’s recent geopolitical bid, reinforcing a shift back toward carry and risk-sensitive FX. AUD and NZD stand out given yield and commodity linkage, while EM FX could see renewed inflows if volatility continues to ease.
Commodities
11 Oil update 22 April 2026
Commodities

Military planners set to bypass the clowns and reopen the Strait of Hormuz themselves

  • This reinforces the idea that reopening Hormuz is becoming an operational, not just diplomatic, base case, potentially capping extreme oil risk premiums if progress holds. However, the ceasefire dependency keeps near-term uncertainty elevated, with markets still sensitive to setbacks.
News
Canada housing starts
News

Canada says USMCA review is a checkpoint, not a cliff

  • The tone is broadly stabilising for North American trade sentiment, reinforcing that USMCA continuity is not at immediate risk even if negotiations drag. However, the lack of progress on tariffs, particularly in steel, autos and lumber, keeps sector-specific pressure on Canadian exporters and may weigh on CAD-sensitive trade sectors.
Commodities
oil volatility iran headlines 22 April 2026
Commodities

A wild ride for oil prices with the conflicting US-Iran war headlines

  • Headline info focused on talks off, the a ceasefire extension
News
Vance
News

White House says Vance trip to Pakistan will not happening Tuesday

  • That does not really clear things up too much
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