Forex trading news and economic data headlines 10 April 2017
News:
- More from Fed's Bullard: FOMC takes into account global factors in its decisions
- More from Bullard: Fed may only need to do one more rate hike this year
- Kremlin says no meeting planned between Putin and Tillerson
- Bank of England caught up in the UK's LIBOR-rigging case
- Macron to beat Le Pen by 62/38 in second round run-off
- Germany says Greece must first implement agreed reforms before debt burden
- BOJ maintains economic assessment for 8 out 9 regions in latest survey
- BOJ Osaka branch says recent FX moves aren't too concerning
- Mission accomplished and a big thank-you from all of us
- SNB total sight deposits w-e 7 April CHF 564.12bln vs 561.71bln prev
Data:
- Option expiries for the 10 am NY cut today 10 April
- More option expiries of note this week 11-14 April
- Nikkei 225 closes up +0.71% at 18,797.88
- Eurozone Sentix April investor confidence 23.9 vs 21.0 exp
- Bank of France March business sentiment 103.00 vs 104.00 exp
- Japan March economy watchers current index SA 47.4 vs 49.8 exp
It's been a real snooze-fest today. Perhaps, like me, everyone was up late watching the enthralling Masters golf. What an event. Never fails to thrill.
Unlike these markets where we've had the tightest of ranges even by recent standards.
USDJPY has been pinned around 111.25-30 after a little retreat from 111.40 while GBPUSD has been stuck between 1.2395-05 and EURUSD 1.0575-85 after failing into 1.0600.
AUDUSD, USDCAD and NZDUSD too have all been in a comatose state while gold has nudged a tad lower from $1255.50 to $1251.05 and oil moved achingly $20 higher. Equities began mixed and currently still making their mind up.
No data or rhetoric of any note so far but we do have Yellen speaking at the Gerald Ford School Of Public Policy at the University of Michigan at 20.10 GMT. Before then we must hope that something or someone kicks off if there is to be any pips made today.
