Daily Market View 27-04-2026

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Daily Market View 27-04-2026
1:06

 Tired traders unmoved by latest Iranian peace proposal 

1 Minute Market Rundown

  • Dollar very modestly weaker at the start of this morning as Iran offers deal to reopen Hormuz Strait
  • Oil remains firmly elevated at $107 however, showing very little genuine excitement at prospect of peace
  • Massive week for policy decisions with Fed, BoE and ECB lining up for rate decisions this week

 

USD -

It's great to be back from my week of holiday although it is remarkable at how little has changed as we enter the 8th week of this Iranian conflict. Over the weekend there was reports that the Iranian regime had offered a deal that would end the kinetic aspect of the conflict and reopen the Strait, although, if traders reaction could be personified it would be closer to a yelp than a cheer. 

Screenshot 2026-04-27 073344



Several failed peace negotiations hitherto have drained much of the optimism out of the market and most have simply accepted the war as ongoing noise to be mostly ignored. Indeed, most in the market would be better off focusing on the interest rate decisions inbound later this week, even though it seems likely that none of the three banks will make any changes. 

 

Markets Today

*Please be aware the below rates represent the market rate at 7:30 AM, contact your Caxton dealer on check online for a live quote

Screenshot 2026-04-27 075304

 

Today's Economic Calendar

Major Economic Releases (All times in GMT)

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