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Forex Market News – April 16

China data, Major currencies tread water ahead of euro zone

European and Chinese data for more evidence that the worst may be over for the global economy, major currencies remained confined to well-trodden ranges on Tuesday.

Read more https://reut.rs/2VORgP8


UK jobs data in focus, GBP/USD clings to 1.3100 amid fewer Brexit headlines

The Pound trades changed a little near 1.3100 V/S the dollar during early Tuesday. The GBP/USD currency pair is on side-lines as Easter holidays at the UK parliament confine Brexit developments after the nation received deadline extension till 31 October.

Read more http://bit.ly/2Zdlq0p

Firmer NY Manufacturing data, little change in Dollar

Dollar little change on Monday as a better than- expected regional manufacturing report.

Read more http://bit.ly/2V5mAM4




Key Global data awaited so dollar made up moment, Aussie hit by RBA’s dovish

The dollar edged up against a basket of its key rivals on Tuesday with investors erring on the side of caution as they looked for more concrete signs of stabilisation in the global economy.

Read more http://bit.ly/2UVq8AN

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