US FX Handover – 12 April 2019
April 12, 2019 3:41 PM
See a summary of the top FX themes and trends from today's US session!
- 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.
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