Europe FX Handover - 23rd April 2019
Fawad Razaqzada April 23, 2019 1:51 PM
A summary of news and snapshot of moves ahead of the US session.
- CHF has been the weakest currency with USD/CHF, EUR/CHF and GBPCHF all breaking out, with NZD also being a weak spot, putting the NZD/CAD on the verge of a major breakdown.
- The US dollar has been the strongest, with the likes of the EUR/USD and NZD/USD coming under increased pressure.
- US index futures traded near their highs from last week despite slight weakness in China and mainland European indices this morning. The overall risk-on sentiment and stronger dollar once again weighed on gold and silver, while crude oil gave back some of its US-Iran-related sharp gains from the day before.
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