Page 13 - Urrencies News Today

The US Dollar Index (DXY) is currently trading at 104.3, reflecting a daily decline.

The Euro posted solid gains against the Japanese Yen (JPY) on Wednesday, amid an improvement in risk appetite and the dovish stance adopted by the Bank of Japan (BoJ) despite rising interest rates.

Canadian Dollar bounces up with the US Dollar retreating on downbeat US data.

On Monday, the Australian Dollar registered losses of 0.4% against the US Dollar, sponsored by an improvement in business activity in the United States (US).

Here is what you need to know on Tuesday, April 2: Trading conditions are starting to normalizing on Tuesday with investors returning from the long Easter holiday.

The week kicks off with the release of PMI data for March across the region.

EUR/USD came under bearish pressure in the American session on Monday and dropped to its lowest level since mid-February below 1.0750.

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Aussie’s recovery is losing pace, as US macroeconomic data beats expectations.

The noticeable drop in the Greenback prompted a similarly decent advance in EUR/USD, which managed to revisit the 1.0780 zone after bottoming out near 1.0720, or two-month lows, early on Tuesday.