Foreign exchange market. Asian session: U.S. dollar traded broadly lower against its major peers

(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)

00:30 Australia Trade Balance February -0.98 -1.25 -1.26

The U.S. dollar is trading broadly lower against its major peers on weaker-than-expected U.S. economic data reported yesterday, only booking gains against the aussie. The Institute for Supply Management's manufacturing purchasing managers' index for the U.S. declined to 51.5 in March from 52.9 in February, missing expectations for a decline to 52.5. It was the fifth consecutive decline. Private sector in the U.S. added 189,000 jobs in March, according the ADP report on Wednesday. It was the slowest pace since January 2014. Construction spending in the U.S. declined 0.1% in February.

The Australian dollar traded lower against the U.S. dollar. Data on the MI Inflation Gauge came in at 0.4% for March, compared to a previous reading of 0.0%. Year on year the reading rose from 1.3% to 1.5%. The Australian Trade Balance for February came in at a deficit of AUD1.26 billion, slightly higher than the expected AUD1.25 billion. The January reading was revised from a deficit of AUD980 million to AUD1.03 billion.

New Zealand's dollar rose against the greenback during the Asian after a seven day losing streak.

The Japaneseyen is trading higher against the greenback in the Asian session. Year on year the Japanese Monetary Base for March grew by 35.2, below expectations for an increase of 35.3%. The previous reading was 36.7%.

EUR/USD: the euro traded higher against the greenback

(time / country / index / period / previous value / forecast)

07:00 United Kingdom Halifax house price index March -0.3%

07:00 United Kingdom Halifax house price index 3m Y/Y March 8.3%

08:30 United Kingdom PMI Construction March 60.1 60.4

11:30 Eurozone ECB Monetary Policy Meeting Accounts

12:30 Canada Trade balance, billions February -2.5 -1.8

12:30 U.S. International Trade, bln February -41.8 -41.5

12:30 U.S. Initial Jobless Claims March 282 285

12:30 U.S. Continuing Jobless Claims March 2416

14:00 U.S. Factory Orders February -0.2% 0.0%