Global Broker Regulation Inquiry App
WikiFX
English
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
FOREX TODAY: AS THE NEW WEEK BEGINS, THE MARKET IS FEELING BETTER
Abstract：The US stock index futures had a solid start to the week, suggesting that the market's perception of risk has changed. The preliminary April Consumer Confidence numbers will be released by the European Commission on Monday, along with a speech by the president of the European Central Bank (ECB). No significant data releases on the US economic docket are scheduled.
ON MONDAY, APRIL 22, YOU SHOULD BE AWARE OF THE FOLLOWING:
The US stock index futures had a solid start to the week, suggesting that the market's perception of risk has changed. The preliminary April Consumer Confidence numbers will be released by the European Commission on Monday, along with a speech by the president of the European Central Bank (ECB). No significant data releases on the US economic docket are scheduled.
Despite a relatively quiet weekend for news on the Iran-Israel conflict, investors remain optimistic about averting a worsening of the situation in the Middle East. As of publishing, US stock index futures were up 0.4% to 0.6%. The benchmark yield on 10-year US Treasury bonds is still fluctuating around 4.6%, but the US Dollar (USD) Index is still steady at 106.00.
THE VALUE OF THE US DOLLAR OVER THE PREVIOUS WEEK
The table below shows the percentage change in US dollars (USD) over the last seven days relative to a list of major currencies. In this transaction, the US dollar performed better than the Japanese yen.
| USD | EUR | GBP | CAD | AUD | JPY | NZD | CHF | |
| USD | -0.15% | 0.66% | -0.25% | 0.72% | 0.90% | 0.62% | -0.29% | |
| EUR | 0.15% | 0.80% | -0.10% | 0.87% | 1.06% | 0.78% | -0.12% | |
| GBP | -0.67% | -0.81% | -0.91% | 0.06% | 0.24% | -0.04% | -0.97% | |
| CAD | 0.25% | 0.10% | 0.90% | 0.97% | 1.14% | 0.87% | -0.05% | |
| AUD | -0.73% | -0.88% | -0.07% | -0.98% | 0.18% | -0.10% | -1.02% | |
| JPY | -0.89% | -1.05% | -0.22% | -1.16% | -0.18% | -0.26% | -1.21% | |
| NZD | -0.63% | -0.77% | 0.02% | -0.88% | 0.10% | 0.27% | -0.93% | |
| CHF | 0.27% | 0.12% | 0.93% | 0.03% | 0.99% | 1.17% | 0.89% |
The heat map shows the percentage fluctuations of the major currencies in relation to each other. The base currency is chosen from the left column, and the quotation currency is chosen from the top row. For instance, if you choose the Euro in the left column and go down the horizontal line to the Japanese Yen, the percentage change displayed in the box will be EUR (base)/JPY (quote).
During Asian trading hours, the People's Bank of China (PBoC) announced that the one-year and five-year loan prime rates, respectively, have remained at 3.45% and 3.95%. On Friday, China's Commerce Ministry announced that it has decided to impose a 43.5% tariff on propionic acid imports from the United States. Propionic acid is frequently used in food, feed, pesticides, and pharmaceuticals.
The AUD/USD pair rose to the 0.6450 range during the weekly opening in reaction to news concerning China before slightly falling. The April Judo Bank Manufacturing and Services PMI numbers will be released early on Tuesday during the Asian session.
The Swiss National Bank (SNB) announced early on Monday that it was raising the minimum reserve requirements for banks from 2.5% to 4%. The USD/CHF pair, which was last seen trading little higher on the day above 0.9100, mostly disregarded this headline.
At the close of the previous week, there was not much of a shift in EUR/USD. In Europe, the pair is still stable over 1.0650 on Monday morning. The GBP/USD pair saw bearish pressure during the American session on Friday, closing the week weaker after breaking below 1.2400. The pair stays in a consolidation phase throughout the early European session around 1.2350.
Although gold had slight daily gains on Friday, it closed the week below $2,400. XAU/USD saw a technical correction on Monday; as of the previous observation, it had dropped more than 1% of its value below $2,360.
The USD/JPY moves on Monday within a rather small range below 155.00. On Friday, the Bank of Japan will publish its monetary policy.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more
CMC Markets Australia Revenue Surges 34%, But High-Net-Worth Clients Face Tax Phishing Threat
CMC Markets Australia reports a 34% revenue surge. Simultaneously, the company's high-net-worth clients are facing a serious tax-related phishing threat.
Original 4h
E TRADE Review: Traders Report Tax on Withdrawals, Poor Customer Service & Fund Scams
Has your E Trade forex trading account been charged a withholding tax fee? Did your account get blocked because of multiple deposits? Did you have to constantly call the officials to unblock your account? Failed to open a premium savings account despite submitting multiple documents? Is fund transfer too much of a hassle at E Trade? Did you find the E Trade customer support service not helpful? In this E Trade review article, we have shared certain complaints. Take a look!
Original 8h
mBank Exposed: Top Reasons Why Customers are Giving Thumbs Down to This Bank
Do you find mBank services too slow or unresponsive? Do you find your account getting blocked? Failing to access your account online due to several systemic glitches? Can’t perform the transactions on the mBank app? Do you also witness inappropriate stop-level trade execution by the financial services provider? You are not alone! Frustrated by these unfortunate circumstances, many of its clients have shared negative mBank reviews online. In this article, we have shared some of the reviews. Read on!
Original 9h
In-Depth Uniglobe Markets Commission Fees and Spreads Analysis – What Traders Should Really Know
For experienced traders, the cost of execution is a critical factor in broker selection. Low spreads, fair commissions, and transparent pricing can be the difference between a profitable and a losing strategy over the long term. This has led many to scrutinize the offerings of brokers like Uniglobe Markets, which presents a tiered account structure promising competitive conditions. However, a professional evaluation demands more than a surface-level look at marketing claims. It requires a deep, data-driven analysis of the real trading costs, set against the backdrop of the broker's operational integrity and safety. This comprehensive Uniglobe Markets commission fees and spreads analysis will deconstruct the broker's pricing model, examining its account types, typical spreads, commission policies, and potential ancillary costs. Using data primarily sourced from the global broker inquiry platform WikiFX, we will provide a clear-eyed view of the Uniglobe Markets spreads commissions prici
Original 10h
WikiFX Broker
Latest News
In-Depth Uniglobe Markets Commission Fees and Spreads Analysis – What Traders Should Really Know
WikiFXWikiFX's New Evaluation of ATM Capital LTD: Does its License Protect the Arab Investor?
WikiFXIs Axi Legit? A Data-Driven Analysis of Its Regulatory Standing and Trader Feedback
WikiFXHow a Fake Moomoo Ad Led to the “New Dream Voyage 5” Scam
WikiFXFXPesa Review: Are Traders Facing High Slippage, Fund Losses & Withdrawal Denials?
WikiFXTrive Investigation: High Score, Hidden Risk - The Profit Paradox
WikiFXCMC Markets Australia Revenue Surges 34%, But High-Net-Worth Clients Face Tax Phishing Threat
WikiFXYoung Singaporean Trader Grew USD 52 into a USD 107,700 Portfolio
WikiFXIs GGCC Legit? A Data-Driven Analysis for Experienced Traders
WikiFXE TRADE Review: Traders Report Tax on Withdrawals, Poor Customer Service & Fund Scams
WikiFXCurrency Calculator
USD
CNY
Current Rate: 0
Amount
USD
Available
CNY
Calculate