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Forex Market News-April 17

Euro bounces, Aussie hits 2-month peak after steady China growth

The Australian dollar shot to a 2 month peak on Wednesday after data showed steady Chinese economic growth in the first quarter, helping Australia’s Currency shake off earlier losses.
Read more https://cnb.cx/2VXhbUw

 

China data awaited, Euro on back foot after report of dovish ECB views

The euro sagged early on Wednesday after a report that some European Central Bank policymakers have expressed dovish views, with the market awaiting Chinese economic data for further cues.
Read more https://reut.rs/2UkpeJv

 

Economic data ahead in the European session

There will be a couple of notable data points to come later in the European morning so let’s see what we have in store for us over the next few hours.
0800 GMT – Eurozone February current account balance
0800 GMT – Italy March final CPI figures
0830 GMT – UK March CPI figures
0830 GMT – UK March PPI figures
0900 GMT – Eurozone March final CPI figures
0900 GMT – Eurozone February trade balance data
Read More http://bit.ly/2UIbgGm

RBNZ inflation data +1.7% y/y (prior +1.7%)

For the March Quarter 2019
NZ official CPI
Substantial drop for the NZD on CPI data coming in much lower than expected
Read More http://bit.ly/2XkrPVP

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