Analytics, News, and Forecasts for CFD Markets: currency news — 25-04-2017.

(pare/closed(GMT +2)/change, %)

EUR/USD $1,0927 +0,58%

GBP/USD $1,2833 +0,35%

USD/CHF Chf0,9934 -0,23%

USD/JPY Y111,06 +1,15%

EUR/JPY Y121,37 +1,74%

GBP/JPY Y142,53 +1,50%

AUD/USD $0,7532 -0,44%

NZD/USD $0,6945 -0,98%

USD/CAD C$1,3573 +0,49%

01:30 Australia Trimmed Mean CPI q/q March 0.4% 0.5%

01:30 Australia Trimmed Mean CPI y/y March 1.6% 1.8%

01:30 Australia CPI, q/q Quarter I 0.5% 0.6%

01:30 Australia CPI, y/y Quarter I 1.5% 2.2%

04:30 Japan All Industry Activity Index, m/m February 0.1% 0.6%

06:00 Switzerland UBS Consumption Indicator March 1.5

06:45 France Consumer confidence April 100 100

12:30 Canada Retail Sales, m/m February 2.2% -0.1%

12:30 Canada Retail Sales YoY February 4.5%

12:30 Canada Retail Sales ex Autos, m/m February 1.7% -0.3%

14:30 U.S. Crude Oil Inventories April -1.034

The Conference Board Consumer Confidence Index, which had increased in March, declined in April. The Index now stands at 120.3 (1985=100), down from 124.9 in March. The Present Situation Index decreased from 143.9 to 140.6 and the Expectations Index declined from 112.3 last month to 106.7.

"Consumer confidence declined in April after increasing sharply over the past two months, but still remains at strong levels," said Lynn Franco, Director of Economic Indicators at The Conference Board. "Consumers assessed current business conditions and, to a lesser extent, the labor market less favorably than in March. Looking ahead, consumers were somewhat less optimistic about the short-term outlook for business conditions, employment and income prospects. Despite April's decline, consumers remain confident that the economy will continue to expand in the months ahead."

Sales of new single-family houses in March 2017 were at a seasonally adjusted annual rate of 621,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 5.8 percent (±15.5 percent)* above the revised February rate of 587,000 and is 15.6 percent (±15.0 percent) above the March 2016 estimate of 537,000.

The median sales price of new houses sold in March 2017 was $315,100. The average sales price was $388,200.

EURUSD: 1,0750 (EUR 365) 1.0790-1.0800 (EUR 1,5 млрд) 1.0810-20 (415m) 1,0850 (325m) 1.0990-1.1000 (470m)

USDJPY: 109,50 (USD 221m) 110.00-05 (385) 110,35 (620m) 110.40-50 (260m)

GBPUSD: 1,2600 (GBP 312M) 1,2760 (196m) 1.2800-10 (220м)

AUDUSD: 0,7655 (AUD 376m)

USDCAD: 1,3500 (USD 1.34bln)

EURJPY: 119,00 (EUR 200m) 120.15-20 (220м) 120,50 (200 м)

U.S. house prices rose in February, up 0.8 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI). The previously reported lack of change in January was revised upward to a 0.2 percent increase.

The FHFA monthly HPI is calculated using home sales price information from mortgages sold to, or guaranteed by, Fannie Mae and Freddie Mac. From February 2016 to February 2017, house prices were up 6.4 percent.

EUR/USD

Offers: 1.0900 1.0920 1.0935 1.0950 1.0980 1.1000

Bids: 1.0865 1.0850 1.0820 1.0800 1.0780 1.0760 1.0730 1.0700

GBP/USD

Offers: 1.2820 1.2830-35 1.2850 1.2880 1.2900 1.2920 1.2950-60 1.2975 1.3000

Bids: 1.2775-80 1.2760 1.2750 1.2720 1.2700 1.2680 1.2650

EUR/JPY

Offers: 120.30 120.50 120.85 121.00 121.50

Bids: 119.80 119.50 119.30 119.00 118.80 118.50

EUR/GBP

Offers: 0.8520 0.8535 0.8550 0.8580 0.8600 0.8630 0.8650

Bids: 0.8485 0.8465 0.8450 0.8430 0.8400 0.8380 0.8360 0.8350

USD/JPY

Offers: 110.35 110.50 110.80 111.00 111.20 111.50

Bids: 110.00 109.80 109.60 109.50 109.20 109.00 108.70 108.50

AUD/USD

Offers: 0.7565 0.7585 0.7600 0.7620 0.7650

Bids: 0.7525-30 0.7500 0.7480-85 0.7465 0.7450

• Risk of fiscal slippage in Poland in 2017 remains

EURUSD: 1,0750 (EUR 365) 1.0790-1.0800 (EUR 1,5 млрд) 1.0810-20 (415m) 1,0850 (325m) 1.0990-1.1000 (470m)

USDJPY: 109,50 (USD 221m) 110.00-05 (385) 110,35 (620m) 110.40-50 (260m)

GBPUSD: 1,2600 (GBP 312M) 1,2760 (196m) 1.2800-10 (220м)

AUDUSD: 0,7655 (AUD 376m)

USDCAD: 1,3500 (USD 1.34bln)

Public sector net borrowing (excluding public sector banks) decreased by £20.0 billion to £52.0 billion in the financial year ending March 2017 (April 2016 to March 2017), compared with the financial year ending March 2016; this is the lowest net borrowing since the financial year ending March 2008.

The Office for Budget Responsibility (OBR) forecast that public sector net borrowing (excluding public sector banks) would be £51.7 billion during the financial year ending March 2017.

Public sector net borrowing (excluding public sector banks) increased by £0.8 billion to £5.1 billion in March 2017, compared with March 2016; this is the highest March borrowing since 2015.

Public sector net debt (excluding public sector banks) was £1,729.5 billion at the end of March 2017, equivalent to 86.6% of gross domestic product (GDP); an increase of £123.5 billion (or 3.0 percentage points as a ratio of GDP) on March 2016.

"Despite the expected dovish communication at the upcoming meeting, we believe the ECB could change its forward guidance on policy rates at the meeting in June. We still believe the ECB will announce an extension of its EUR60 billion monthly QE purchases at the September meeting and hence continue the purchase programme in 2018,"

• About Brexit, EU financial institutions wanting to operate in EU must have seat, supervision in EU

• Fears Brexit problems have been underestimated, many negative surprises could arise, does not expect extension of negotiation time frame

• Uncertainties over future U.S measures are worrying, U.S economy could be without orientation for a while

EUR/USD

Resistance levels (open interest**, contracts)

$1.0950 (4139)

$1.0930 (690)

$1.0900 (466)

Price at time of writing this review: $1.0864

Support levels (open interest**, contracts):

$1.0811 (671)

$1.0766 (719)

$1.0707 (940)

Comments:

- Overall open interest on the CALL options with the expiration date June, 9 is 67634 contracts, with the maximum number of contracts with strike price $1,1000 (5846);

- Overall open interest on the PUT options with the expiration date June, 9 is 66723 contracts, with the maximum number of contracts with strike price $1,0400 (5204);

- The ratio of PUT/CALL was 0.99 versus 1.05 from the previous trading day according to data from April, 24

GBP/USD

Resistance levels (open interest**, contracts)

$1.3105 (1934)

$1.3007 (1319)

$1.2911 (1168)

Price at time of writing this review: $1.2793

Support levels (open interest**, contracts):

$1.2689 (269)

$1.2592 (1221)

$1.2495 (4773)

Comments:

- Overall open interest on the CALL options with the expiration date June, 9 is 21355 contracts, with the maximum number of contracts with strike price $1,2800 (2297);

- Overall open interest on the PUT options with the expiration date June, 9 is 26155 contracts, with the maximum number of contracts with strike price $1,2500 (4773);

- The ratio of PUT/CALL was 1.22 versus 1.23 from the previous trading day according to data from April, 24

* - The Chicago Mercantile Exchange bulletin (CME) is used for the calculation.

** - Open interest takes into account the total number of option contracts that are open at the moment.