, further reading: Safe trading! There are no relevant macroeconomic releases scheduled in the UK for these upcoming days and as the UK Parliament returns from its Easter break on April 23, the pair seems more likely to continue with its sideways/consolidative price action. This was only the second reading below the 200-K level in 2019. With the majority of global markets closed in observance of Easter Monday, traders seemed reluctant to place any aggressive bets and await a fresh catalyst.
( DXY-USD Index or EXY-euro Index charts and ideas are.
Gotten in earlier, but have been focusing on the gbpusd and.
Is anybody in this trade?
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The indicator has been mired in negative territory for the past 12 months, and finally climbed into positive territory in April. Numbers enjoyed a solid week. There are only three events in the upcoming week. Notre calendrier économique indique les statistiques majeures à venir. The indicator has posted twos straight readings of -7, and no change is expected in the April release. EUR/USD declined two percent in Q1, and with the ECB content at maintaining rates at a flat.00, investors arent likely to snap up euros anytime soon. Brexit and weighed on the British Pound at the start of a new trading week, though did little to prompt any aggressive selling. Core retail sales gained.2, beating the forecast.7. The rate edged down.5 in Q3, its lowest level since Q3 of 2008. Both the news further fueled the recent pessimism surrounding the. 1.1435 was a low point at the beginning of February. EUR/USD posted slight losses last week.
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