Forex Today: Steady start to the week ahead of key data releases – by eren_fxstreet Majors Currencies Macroeconomics Commodities CryptoCurrencies
Major currency pairs continue to fluctuate in familiar ranges early Monday following the previous week's choppy action. IFO sentiment survey for April from Germany will be released during the European trading hours. Later in the day, Federal Reserve Bank of Chicago's National Activity Index will be featured in the. Ahead of this week's high-tier data releases, Monday's trading action is likely to remain subdued.
Despite the stronger-than-expected S&P Global Manufacturing and Services PMI readings from the US, the US Dollar struggled to outperform its rivals ahead of the weekend.ended the week virtually unchanged and extended its sideways grind slightly below 102.00 early Monday. Meanwhile, US stock index futures trade in negative territory and the benchmark 10-year US Treasury bond yield stays in the red below 3.6%, pointing to a cautious market stance. edged higher toward 1.
edged lower over the weekend and ended up losing more than 9% on a weekly basis. Early Monday, BTC/USD trades at around $27,500. Following Friday's steep decline,stayed relatively quiet over the weekend but snapped a three-week winning streak, losing more than 12%. In the European Morning on Monday, ETH/USD trades modestly lower on the day near $1,850.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Weekly Forex Forecast \u2013 NASDAQ 100 Index, EUR/USD, GBP/USDMarkets had an unsettled week which saw little overall change in the value of most assets, with little going on except some CPI releases in the UK, Australia, and New Zealand-
Read more »
Illinois spring housing market started early, with monthly sale and price increases expected as season continuesThe Illinois housing market is continuing to cool off from the pandemic housing boom, with the number of home sales still down significantly while prices are holding steady compared with the first quarter of last year, housing experts say.
Read more »
Germany's Verdi union sets strike at Berlin airport on MondayGermany's Verdi union called on Saturday for a one-day strike of air security staff at Berlin airport on Monday as part of an ongoing wage dispute.
Read more »
Berlin airport cancels all departures on Monday due to strikeGermany's Verdi union called for a one-day strike of air security staff at Berlin airport on Monday as part of an ongoing wage dispute, prompting the airport to cancel all passenger departures that day.
Read more »
Resurfacing project on Alabama Highway 51 in Barbour County begins MondayAccording to ALDOT, The project will consist of resurfacing and a new traffic stripe on Alabama Highway 51
Read more »
Danny Masterson's rape retrial: Opening statements set to begin MondayFive months after a deadlocked jury led to a mistrial for actor Danny Masterson, the former star of 'That '70s Show' is about to be retried in an L.A. court. Masterson is accused of raping three women between 2001 and 2003.
Read more »