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#Currency Update 18th of April

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 18, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    Today’s London session is very light on data. We may see further weakness in commodity currencies if oil moves lower, however much of the move has already occurred. As always on Monday to give a good start for the week I prepared a currency update. Currency Update USD: CPI for March slightly missed estimates with Core dropping to 2.2% y/y from a prior of 2.3% and for the month, missing estimates at 0.1% versus 0.2% expected. Headline inflation also dropped from prior and missed estimates

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