Daily Alert: Friday 31st March 2017

Mark NugentDaily Alert, March 2017

Forex Analysis for Friday 31st March 2017

Economic Calendar

Thursday:

US Final GDP exceeded expectations at 2.1% vs 2.0%.

Market Reaction

As we move into month, quarter and fiscal year end, yesterday saw the USD continue to rise along with US equities, oil and the US 10 Year Treasury yield. Gold reflected the risk-on tone by dropping. The EUR continued down and the JPY weakened. CAD rises on oil and AUD rises on copper.

News Media

Europe bank rally emboldens traders

Today’s Calendar

Later today we have UK Current Account; CAD GDP and US Core PCE Price Index.

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