Brexit: sterling strength is a dollar story – BTMU

In respect of a Brexit, analysts at Bank of Tokyo Mitsubishi explained that, indeed, the advance of the pound is very much a US dollar story.

Key Quotes:

"The BOE’s broad trade-weighted index is actually roughly unchanged in March which highlights the continued poor performance of the pound amid...

U.S. stocks closed

U.S. stocks swung between gains and losses, amid the best month in five, as the March rebound that had global equities on the brink of erasing losses for 2016 faltered. The dollar headed for its worst quarter in more than five years. The Standard &amp...

Get set for China’s March PMIs РTDS

Analysts at TD Securities reminds us of the big data ahead, besides tomorrow's nonfarm payrolls that is, we have China’s March PMIs coming up tonight.

Key Quotes:

"China’s official NBS manufacturing PMI is expected to potentially show a seasonal bounce, helped by aggressive Q1 credit disbursement, but the underlying details...

USD/CHF hit fresh 6-month lows under 0.9600


USD/CHF hit fresh 6-month lows under 0.9600

FITITOL--> The swiss franc continues to climb against the US dollar and today is about to post gains for the fourth day in a row and the strongest close since October.

USD/CHF accelerated the decline during the European session and broke...