- China March Industrial Output up 8.3%
- Japan March Domestic CGPI falls 2.2%
- Japan’s Nikkei Daily newspaper reports, Toyota expected to suffer a $7 bio loss
AUDUSD: Thin market conditions on Easter Monday saw stops taken out above 7270 in a blink of an eye this morning before a crashing move back under 72c. AUDJPY bids helped keep the AUDUSD back above 7210. Range 7185 – 7275
EURUSD: An early move lower after the open saw EURUSD find bids at 1.3120 and EURJPY support. It spent the rest of the day clawing its way back up tick by tick to 1.3175. Technically, traders are watching the 100 day moving average at 1.3184. Range 1.3125 – 1.3195
USDJPY: A very quiet day, trading in a 30 pip range. Strong bids are said to be sitting at 100.00. Range 100.20 – 100.50
EURJPY: Took an early hit down with EURUSD to 131.60. Good bids around 131.50 saw it hold for move higher, back above 132.30. Range 131.61 – 132.43.
GBPUSD: Has continued it hold above 1.4580 again today as it has done for the last few days putting in a range of 1.4602 – 1.4682
