Coming up: US March durable goods report

Author: Mike Paterson | Category: News

The day's data risk event is approaching at 12.30 GMT 26 April

Traders have been selling a few US$ today so far but as the data release approaches and North American desks get fully underway we're seeing some more money being taken off the table.

Markets are a little more neutralised now heading into the numbers so trade what you see in front of you. Markets will be second-guessing the impact on tomorrow's FOMC decision.

EURUSD 1.1274 unable to breach the strong offers/res around 1.1300 that I've highlighted a couple of times. GBPUSD back below 1.14550, expect demand between 1.4500-20. USDJPY back above 111.00 but offers/res into 111.30.

Bring it on.

Here's the expectations:

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