US FX Handover – 22 April 2019
Matt Weller, CFA, CMT April 22, 2019 3:26 PM
See a summary of the top FX themes and trends from today's US session!
- Numerous sources suggest growing pressure on UK PM May to resign as UK lawmakers return from Easter recess. Sterling generally took the news in stride given the longstanding discontent with Theresa May on both sides of the aisle.
- The loonie was the day’s strongest major currency, boosted by a continued rally in crude oil as the US ended waivers for importers of Iranian oil.
- NZD and AUD were the weakest major currencies on the day in otherwise quiet trade.
*No meaningful macroeconomic data is scheduled for release in Tuesday’s Asian session.
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