Brazil is struggling on both the humanitarian and the financial frontы. As a result, Brazilian real is weakening
Sterling drops briefly in Asia
On Thursday, the British pound found itself in negative territory in Asia briefly, as traders noted Great Britain faces a hard road to keep business links in place in talks to abandon from the EU, which were formally initiated overnight.
The currency pair GBP/USD tumbled to 1.2437, retracing earlier revenues as the EUR/USD came under further selling, tumbling 0.17% to 1.0747.
The weakness in the British pound was directly related to all the uncertainty as well as questions, which arose after Great Britain started these proceedings.
The currency pair AUD/USD hit 0.14%, demonstrating 0.7659 after HIA new home sales gained 0.2% month-on-month in February. USD/JPY boasted 111.33, jumping 0.25%.
Several comments from Fed officials helped to shift traders’ focus to the prospect of extra rate lifts this year, after Fed official Charles Evans told that he’s assured that two total rate hikes this year seem safe enough.
Canada will publish employment change and an unemployment rate on Friday, at 15:30 MT time.
USD/CHF and EUR/CHF rose to tactical highs. What's next?
The Australian economy has been on a steady recovery path, and now we have a very symbolic confirmation that S&P ASX 200 is about to cross 7000!
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The Reserve Bank of New Zealand will hold a meeting on Wednesday, April 14, at 05:00 MT.