US FX Handover 12 April 2019

Matt Weller
By :  ,  Head of Market Research
  • The aussie was the strongest major currency on the day, while yen brought up the rear. As a result, AUD/JPY saw a big breakout out of its 3-month range.
  • Another front in the trade war? Canada’s finance minister threatened retaliatory tariffs against the US in response to the ongoing steel and aluminum duties.
  • After strong gains today, US stock indices are within about 1% of their record highs from October.
  • Both gold and oil inched higher in quiet trade.

Related tags: Forex Forex

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