The US dollar is on track for its fifth bullish week, which hasn’t boded well for GBP which clings on to its 23-month low ahead of today’s NFP report. Asian Indices: Australia’s ASX 200 index fell by -173.4 points (-2.35%) and currently trades at 7,191.30 Japan’s Nikkei 225 index has risen by 180.03 points (0.67%) […]
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Eurozone trade data showed a strong performance in March, with exports rising 13.7% yoy to EUR 279.8B and imports up 8.8% yoy to EUR 243.0B, resulting in a solid trade surplus of EUR 36.8B. Intra-eurozone Read more…
Key takeaways USD/JPY rebounded sharply from 140.00 to 148.65 but quickly reversed, showing signs of a failed bullish breakout amid profit-taking and technical resistance. The Bank of Japan held rates steady and cut its growth Read more…