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US Durable Goods | Current Sentiment
Posted On 26 Apr 2016
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There is no trade call for the London session. The London session is very light with no economic data. The first major risk event for the week will be US Durable Goods during the NY session.
Current Sentiment
Today’s Asia-Pacific session did not see any notable economic data, but tomorrow’s Asian session will reveal Australia’s inflation rate for Q1 which should not be missed.
Dollar-yen has remained in its 50-pip range since yesterday, as the market awaits the BoJ on Thursday. Abe-adviser, Honda was on the wires saying the BoJ may act this week but also could wait to assess the effect of negative rates.
Generally, FX pairs have been rangebound with crude also steady; WTI around $43/b.
US Durable Good release was covered in weekly risk events video here.
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