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Last update at 07:55 GMT
- EUR/USD is sticking to 1.1300 as markets remain calm.
- After Fed officials sent mixed messages, second-tier data awaits.
- The technical picture is quite bullish for the pair.
- AUD has shed 15 pips following the release of the minutes of the RBA's April meeting.
- The marked slowdown in the Aussie GDP contradicts the sustained labor market strength, according to the RBA minutes.
- The board expects inflation to remain muted for some time.
- NZD/USD slides as RBNZ Governor Adrian Orr repeats the bearish bias.
- A more dovish BoC policy outlook continues to weigh on CAD.
- Calm mood doesn't help in the face of dovish central banks.
- China's first quarter GDP expected to be the lowest of the capitalist era.
- Annual and quarterly growth predicted to slip despite government support.
- The Chinese National Bureau of Statistics will release first quarter gross national product at 2:00 am GMT, April 17th.
- Gold is currently on the defensive below the 100-day moving average at $1,288 and could soon drop to the descending triangle support of $1,282.
- A close below $1,282 would confirm triangle breakdown or bullish-to-bearish trend change and expose the support of the trendline connecting August and November lows, currently at $1,261.