Yesterday, the pair slightly decreased after the publication of data from the University of Michigan, reflecting a drop in consumer confidence in the USA.
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Today, during the Asian session, the USD/CAD pair is slightly decreasing, continuing to develop the correctional impulse that formed on the market at the beginning of the week.
USD today is trading flat against CHF, located not far from local lows since April 2. The markets in the US and Europe are closed due to Good Friday. Published macroeconomic statistics from the US puts pressure on USD. Yesterday, investors drew attention to the release of information on Initial Jobless Claims.
AUD shows ambiguous dynamics of trading against USD and is consolidating near local highs since March 12, updated the day before. Today, exchanges are closed in many countries due to Good Friday, so trading activity remains low.
One of the leading indices of the European economy, CAC 40 continues to moderately strengthen against the background of the publication of the ECB's monetary policy report.
Gold quotes continue to grow and during yesterday’s trading session, it exceeded $1,680 per ounce.
The pair continues correcting upwards and is trading near 0.6080 amid a possible continuation of USD weakening.
Today, the movement of oil prices is insignificant. Market participants expect the results of the meeting of the largest exporters of "black gold". In April, the instrument rebounded from the multi-year lows, as Russia, Saudi Arabia, and the United States agreed to hold another round of negotiations in the OPEC+ format.
GBP today strengthened against USD after the publication of controversial February statistics in the UK. GBP was supported by Manufacturing Production, the level of which grew by 0.5% MoM, exceeding the forecast of 0.1%.
Yesterday, the US Federal Reserve announced the launch of the FIMA Repo Facility mechanism, which will help ensure the smooth functioning of financial markets, including the US treasury market, and thus support the provision of loans to American households and enterprises.