US FX Handover – 8 April 2019
Matt Weller, CFA, CMT April 8, 2019 3:43 PM
See a summary of the top FX themes and trends from today's US session!
- Brexit maneuvering continued apace, with reports suggesting that the EU may offer another short (2-3 month) extension to the UK on Wednesday to avoid the risk of a no-deal Brexit. Sterling finished the day in the middle of the major currency pack.
- The US dollar went from first to worst among the major currencies during today’s US session, despite a lack of major headlines.
- The Canadian dollar was the strongest major currency as a 2% rally in oil prices overshadowed weak Canadian housing data.
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