The US dollar breathed a bit of oxygen very necessary on Holy Thursday despite alternate trends in appetite for risk. In addition, investors changed their attention to another round of effervescence between Trump and Powell, after Trump urged the Fed to cut interest rates and said that President Powell should be dismissed as soon as possible, repeating threats passed by fire. The comments arrived a day after Powell emphasized the independence of the Fed in a speech.
This is what you need to know on Friday, April 18:
The US dollar index (DXY) registered decent profits on Thursday, although it maintained its activity at the lower end of the recent range about a minimum of three years. Daly of the Fed is scheduled to speak amid the generalized inactivity in global markets on Good Friday.
Unlike risk -related peers, EUR/USD quoted with notable losses despite briefly overcome the 1400 barrier earlier in the day. The European Commission (CE) will publish its preliminary confidence indicator of the consumer on April 22.
The GBP/USD maintained its march to the north well and solid for another day, although the profits seemed to be limited by the proximity of 1,3270. The public indebtedness figures of the public sector will be the following in the United Kingdom calendar on April 22.
After the bottom of 141.60, the USD/JPY managed to recover balance and move beyond the obstacle of 142.00, going modestly in the day. The Japanese inflation rate will be the only publication on the agenda.
The aud/USD ended the day with modest profits around the band of 0.6380-0.6390, achieving its seventh consecutive daily climb. The PMIS Flash of manufacturing and Global S&P services are scheduled for April 23.
New sanctions on Iranian crude oil exports and renewed concerns about the offer motivated WTI prices to climb just above the level of 64.00 per barrel, reaching new two -week maximums.
Gold prices were seen under a new sales pressure on Thursday, going back below the level of $ 3,300 per ounce Troy due to a better tone in risk -related assets. Silver prices followed the same path and flirted with minimums of three days close to the level of 32.00 per ounce.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
