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- Foreign exchange market. Asian session: trade was subdued due to concerns over tensions between Russia and Ukraine
Foreign exchange market. Asian session: trade was subdued due to concerns over tensions between Russia and Ukraine
Economic
calendar (GMT0):
06:00 Germany Import prices March -0.1% 0.0% -0.6%
06:00 Germany Import prices Y/Y March -2.7% -2.8% -3.3%
08:00 Eurozone ECB’s Vitor Constancio Speaks
The U.S.
dollar declined against the most major currencies. Market participants are
concerned over tensions between Russia and Ukraine.
The New
Zealand dollar traded mixed against the U.S. dollar. Due to lack of economic
data, there were no impulses.
The Australian
dollar increased against the U.S. dollar, although the U.S. dollar was
supported by Friday’s better-than-expected Reuters/Michigan Consumer Sentiment
Index.
The
Japanese yen was supported by the demand for the safe-haven currency.
EUR/USD:
the currency pair declined to $1.3815
GBP/USD:
the currency pair was down to $1.6775
USD/JPY:
the currency pair traded mixed
The most
important news that are expected (GMT0):
14:00 U.S. Pending Home Sales (MoM) March -0.8% +1.0%
14:30 Eurozone ECB President Mario Draghi Speaks
22:45 New Zealand Trade Balance, mln March 818 910
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