FXMarketAlerts Team
FXMarketAlerts
Published at 13:28 (GMT) 15 Apr
USD/CAD has managed to edge past 1.1000, but we now gravitate towards the 1.1015 expiries totalling over a yard for today's NY cut. AUD/USD is also moving lower, and has lost more on the day, with players likely cutting some long positions ahead of the China GDP stats released overnight. There are some suggestions that the number will fall short of the 7.3% median expectations, with local reports talking of the possibility of a sub 7.0% number. NZD is also lower, and is now targeting .8625-20 support.
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