April 28: Asian session
Japanese and Chinese stocks fell on Monday amid increasing tension in Ukraine, which pressure the risk appetite and support the safe-haven assets. China President Xi Jinping disappointed the markets, saying economy doesn’t need additional monetary stimulus.
USD/JPY has recovered a little, strengthening to 102.25. Nikkei 225 lost almost 1% in the session despite the upbeat Japan retail sales data. AUD/USD strengthened to $0.9305, facing resistance there. NZD/USD consolidates around $0.8575. Gold met sellers at $1306.4. EUR/USD dipped to $1.3815 before recovering to $1.3835. GBP/USD is testing the Friday highs around $1.6830.