New post
John Wang
April 10 20:32

Markets remain flat on April 10

US dollar remains mostly depressed on April 10. Most markets around the world will be closed due to Easter Holiday.
Forex market saw tight trading. USD/JPY has kept its positions aroun 108.50. AUD/USD traded around 0.6350, kiwi has reached 0.61 level. USD/CAD has gone down under 1.4. 
Euro and British pound are keeping  their latest gains - the former is at around 1.0920, the later. Both currencies have been reinforced by the latest events. Prime Minister Boris Johnson has left intensive care and is feeling better. Eurogroup has announced a relief package worth 500 billion euros. 
Gold prices have remained mostly flat under US$1690. Trader were waiting for US CPI.
Crude oil prices  have been going down again. The recent positive new from the OPEC+ meeting have been undermined by Mexico’s refusal to cut its production. For a short time WTI has gone down under US$23.
The markets are waiting for the news about the initiatives of G20 energy meeting, as well as from the second day of OPEC+ negotiations.