Apr. 11: American session
Tatiana Norkina , an analyst at FBS
U.S. dollar index recovered above $ 79.60 today, but the appearance of unexpectedly good data on producer prices led to falling to 79.50. For now it is slightly positive, about 0.10 %. At the same time the major stock indexes fell slightly, even after yesterday's collapse. Currently S & P500 is losing about 0.11 %, while the DJIA - 0.27%.
The currency pair EUR/USD consolidates below 1.3900 figure . After today's correction to 1.3865 support, bulls are set to move up further. GBP/USD has continued yesterday's correction and fell to 1.6725 strong support.
USD/CHF stays above 0.8750 support . Currency pair USD/JPY rebounded from 101.40 once again - bulls do not give up.