Europe FX Handover - 16th April 2019

  • Another lacklustre day in FX as yield-seeking investors struggle to work out where to invest with all major central banks recently dropping their hawkish biases
  • As stocks gained further ground, safe haven gold and Swiss franc fell, while the US dollar rose
  • British pound was the weakest major currency despite UK wages data printing +3.5% on a 3m/y basis. This was in line with expectations. Excluding bonuses, earnings were +3.4%, also as expected.

Related tags: Forex Forex

Open an account in minutes

Experience award-winning platforms with fast and secure execution.

Web Trader platform

Our sophisticated web-based platform is packed with features.

Economic Calendar