Morning Bid: Tech, FX clouds clear

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Morning Bid: Tech, FX clouds clear
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Prices at the Pumps - April 17, 2024 #saltwire #energymarkets #pricesatthepumps #gaspricesSome respite for Asian stock markets may bode well for the European open, in what has so far been a week to forget for world equities.

If that helps draw a line on the dollar's explosive resurgence, it may be felt in Asia most, where the risk of competitive devaluations was simmering. But the effect will ripple across the rest of the world as well, providing some extra bounce for the euro and sterling as they recover from multi-month troughs.

The barrage of commentary from global financial leaders continues on Thursday, with the International Monetary Fund and World Bank Spring meetings in Washington, among other major events.

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