admin

European Central Bank (ECB) policymaker Madis Muller explained on Friday that their decision to cut key rates by 25 basis points at the April policy meeting was supported by the drop in energy prices, and tariffs.

Italy Global Trade Balance came in at €4.466B, above forecasts (€3.31B) in February

European Central Bank (ECB) policymaker Francois Villeroy de Galhau said on Friday that the inflation risk from trade tensions seems weak and could even be downward, per Reuters.

AUD/JPY retraces its recent gains from the previous session, trading around 90.80 during the European hours on Friday. The currency cross remains under pressure as the Australian Dollar (AUD) weakens in light trading, with local markets closed for the Good Friday holiday.

Here is what you need to know on Friday, April 18:

A few pieces of good news helped calm investors’ nerves before the Easter break. First, Donald Trump said yesterday that the US and Japan made ‘big progress’ in trade negotiations. The latter headlines helped the Nikkei gain over 2% yesterday and extend gains by about 0.64% this morning. He also said that there could be […]

The post Happy Easter appeared first on Action Forex.