Intra-Day Market Moving News and Views
15 Apr 2014 09:14GMT
EUR/USD - 1.3800... ZEW economist says 'major factors for strg current condition is strg economic data, wide consensus that Q1 was strg.'
German Apr Zew survery expectation came in at 43.2, worse than the forecast of 45.0. German Apr current situation came in at 59.5, much stronger than the forecast of 51.0.
08:32GMT
GBP/USD - 1.6714... U.K. March inflation falls to 0.2% m/m from 0.5% in Feb, lower than the expectation of 0.5%. U.K ONS Feb house prices rises 9.1%, biggests annual rise since June 2010, vs 6.8% in Jan.
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EUR/USD regains traction, recovers above 1.0700
EUR/USD regained its traction and turned positive on the day above 1.0700 in the American session. The US Dollar struggles to preserve its strength after the data from the US showed that the economy grew at a softer pace than expected in Q1.
GBP/USD returns to 1.2500 area in volatile session
GBP/USD reversed its direction and recovered to 1.2500 after falling to the 1.2450 area earlier in the day. Although markets remain risk-averse, the US Dollar struggles to find demand following the disappointing GDP data.
Gold holds around $2,330 after dismal US data
Gold fell below $2,320 in the early American session as US yields shot higher after the data showed a significant increase in the US GDP price deflator in Q1. With safe-haven flows dominating the markets, however, XAU/USD reversed its direction and rose above $2,340.
XRP extends its decline, crypto experts comment on Ripple stablecoin and benefits for XRP Ledger
Ripple extends decline to $0.52 on Thursday, wipes out weekly gains. Crypto expert asks Ripple CTO how the stablecoin will benefit the XRP Ledger and native token XRP.
After the US close, it’s the Tokyo CPI
After the US close, it’s the Tokyo CPI, a reliable indicator of the national number and then the BoJ policy announcement. Tokyo CPI ex food and energy in Japan was a rise to 2.90% in March from 2.50%.