Whether it is the approach to public holidays or a real improvement in the global geopolitical environment, the inter-marched measures of financial volatility continue to fall. American shares have now retraced 90% of their decline in the aftermath of the “Liberation Day”, Meta and MSFT providing results for 1q decents overnight. Amazon and Apple report today. Helping part of the recent mood improvement was the news of the Chinese state diffuser that the United States has contributed to commercial negotiations. And a report yesterday late that EU trade negotiators have offers to the table next week have also helped, notes FX analyst for ING Chris Turner.
100.25 / 100.50 CA Prove good intra-day resistance for Dxy
“Welcome to markets are also the United States and Ukraine to sign a mineral agreement in which the United States recognizes Ukraine's sovereignty and seem to provide, although the risk premium is carried out.
“The front loading of imports has largely triggered the data from the GDP of the 1q25 American 1T25 of yesterday – and that is why the dollar was not sold. Today, however, we all expect a manufacturing version of the ISM in April.
“100.25 / 100.50 should be good intra-day resistance for Dxy. Anything above, and investors may need a rethink of a few ultra-salty strategies, and 102 could be the surprise package.”
