USD demand noted again as NA desks get underway

A steady session in Europe is now seeing further USD gains 13 April

USDJPY up testing earlier highs again around 109.20 with GBPUSD down to session lows of 1.2526, EURUSD 1.0625 and USDCHF pushing higher to 1.0058.

AUDUSD still proving a tad more resilient at 0.7575 while USDCAD still struggling to get through 1.3250.

I said earlier and when I first started this morning that the jury remains out and so it seems. Trump's lower interest rates/USD comments are not the only game in town. Plus traders/bots are getting more accustomed to taking money off the table that much earlier given prevailing tight ranges.

GBPUSD has more demand around 1.2520 and 1.2500, EURUSD 1.0620 and 1.0630. USDJPY sellers between 109.20-25 and 109.50.

US initial jobless claims, PPI and Michigan surveys to come on the data front along with Canadian mftg and housing reports.

I'm out of here shortly. Have a good Easter to all who recognize it and for others, such as me, just enjoy the break as I definitely will.

Here's the holiday hours post I put up earlier.

Good trading everyone.

Featured Videos

USD demand noted again as NA desks get underway