Apr. 14: American Session
Tatiana Norkina, FBS analyst
Saturday comments of Mario Draghi on the undesirability of the high euro exchange rate today landslides the main currency pair EUR/USD. Bidding opened with a significant decrease in Friday levels. The pair is currently testing the 1.3810 support . The U.S. dollar index strengthens at the same time and adds about 0.32%. U.S. stock markets also showed an increase after the release of positive statistics on retail sales : S&P500 and the DJIA in the green zone at +0.80%.
GBP/USD pair tested the 1.6700 support today, but bulls are trying to regain market in the area of 1.6735. Currency pair USD/CHF jumped to 0.8800 figure. But USD/JPY strayed from 101.40 again and tested the 102.00 figure.