Brazil is struggling on both the humanitarian and the financial frontы. As a result, Brazilian real is weakening
GBP/USD has risen by more than 90 pips
The remarks by Nigel Farage during the Brexit party's election event have sent the British pound higher. Despite the disagreement with Boris Johnson's deal, Mr. Farage noted that the party would not contest 317 seats that Conservatives won during the last election.
On H4, GBP/USD has tested the 1.2897 resistance level above the crossover of 50- and 100- period SMAs. At first, bulls need to break the 1.2874 level. and push the cable towards 1.2897. The next resistance in focus will lie at 1.2926. If bears take over the market, the pair will slide downwards to the support at 1.2770.
USD/CHF and EUR/CHF rose to tactical highs. What's next?
During the daily press briefing of Andres Manuel Lopez Obrador, it was announced that Mexico will receive 1.4 million doses of the vaccine by the end of January. Is that optimistic enough for the peso?
US retail sales will be out on Thursday, April 15, at 15:30 MT. It is a significant release for traders as it will impact the US dollar.
As the earnings season kicks in, JPMorgan is the first to impress us with the better-than-expected data!
The Reserve Bank of New Zealand will hold a meeting on Wednesday, April 14, at 05:00 MT.