03, April 2015
The US dollar was under pressure - the dollar index basket (USDX) finished the trading day at the mark of 98.42. At the end of the day the pair EUR/USD has increased amid the US negative macroeconomic statistics. The ADP and ISM releases came out much worse than the forecasted medians that encouraged bulls to long.
The last week caused the Brent crude quotations growth by more than 3%. By the end of the day the pair GBP/USD had increased.
The United States once again disappointed traders with the weak macroeconomic statistics which adversely affected not only the US dollar exchange rate, but also the global stock markets. The investors’ escape from the risky assets had a positive impact on the Japanese yen. By the end of the day the pair USD/JPY had slightly decreased.