The Good Friday vacation ensured it will be a quieter day than most this yr but it surely wasn’t precisely quiet within the FX market. There have been some respectable strikes on the day on Friday and the overall theme remained USD promoting.
The brunt of it got here by way of USD/CHF, which dropped one other 35 pips. The pair is in the course of the weekly vary after hitting a 10-year low final Friday. It is consolidating simply off these lows and the shortage of a bounce is not precisely inspiring.
There are some hopes for progress in some US commerce negotiations over the lengthy weekend so preserve an eye fixed out for information.
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decision-making for traders and merchants alike.
