The Greenback strengthened against the Eurozone's single currency, following the US CB Consumer Confidence data release on Tuesday. The EUR/USD currency pair lost 10 pips, or 0.08%, to continue fluctuating in the 1.2226 area.
The Conference Board Inc. released better-than-expected Consumer Confidence, surpassing the forecasts of 126.0 with the number of 128.7 in April.
EUR/USD currency pair remained under pressure. One of the main reasons for Greenback to rally was high 10-year United States treasury bills, which showed notable gains during the start of the week.
Historical Data Table: CB Consumer Confidence | Economic Calendar for 25.04.2018 | ||||||||
Date | 27.12.2017 | 30.01.2018 | 27.02.2018 | 27.03.2018 | 24.04.2018 | 4:30 AM | JPY All Industries Activity m/m | ||
Actual | 123.1 | 124.3 | 130 | 127.7 | 128.7 | 2:30 PM | US Crude Oil Inventories | ||
Forecast | 128 | 123.2 | 126.2 | 131.2 | 126 | 8:15 PM | CAD BOC Gov Poloz Speaks | ||
Initial Reaction on Main Pairs | SWFX Sentiment Indexes | ||||||||
Open Price | Close Price | % Change | Longs | Shorts | |||||
AUD/USD | 0.76123 | 0.7606 | -0.08% | AUD/USD | 70.84% | 29.16% | |||
EUR/USD | 1.22325 | 1.22232 | -0.08% | EUR/USD | 56.55% | 43.45% | |||
USD/JPY | 109.092 | 109.153 | 0.06% | USD/JPY | 53.07% | 46.93% | |||
NZD/USD | 0.71294 | 0.71235 | -0.08% | NZD/USD | 52.22% | 47.78% |