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- Foreign exchange market. European session: the euro declined toward 1-month low against the U.S. dollar in the absence of any major reports from the Eurozone
Foreign exchange market. European session: the euro declined toward 1-month low against the U.S. dollar in the absence of any major reports from the Eurozone
Economic calendar (GMT0):
(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)
02:00 China Trade Balance, bln March 60.6 43.4 3.1
The U.S. dollar traded higher against the most major currencies, supported by the speculation the Fed could start to hike its interest rate in June.
There will released no major economic reports in the U.S.
The euro declined toward 1-month low against the U.S. dollar in the absence of any major reports from the Eurozone.
Concerns over Greece's debt problems continue to weigh on the euro, despite the fact that Greece repaid the International Monetary Fund (IMF) tranche of 448 million euros last week.
The British pound traded higher against the U.S. dollar in the absence of any major reports from the U.K.
EUR/USD: the currency pair fell to $1.0519
GBP/USD: the currency pair increased to $1.4630
USD/JPY: the currency pair rose to Y120.84
The most important news that are expected (GMT0):
22:00 New Zealand NZIER Business Confidence Quarter I 23
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