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Economic calendar (GMT0):
(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)
01:30 Australia Home Loans February -4.4% Revised From -3.9% 2.0% 1.5%
01:30 China PPI y/y March -4.9% -4.6% -4.3%
01:30 China CPI y/y March 2.3% 2.5% 2.3%
The U.S. dollar traded mixed against the most major currencies in the absence of any major economic reports from the U.S.
New York Fed President William Dudley is scheduled to speak at 13:25 GMT. Dudley said in a speech on Friday that the Fed should be cautious in raising its interest rate as there were risks from abroad to the U.S. economy. He noted that there were still the downside risks to U.S. inflation and growth outlooks.
The euro traded lower against the U.S. dollar in the absence of any major economic reports from the Eurozone.
The British pound traded higher against the U.S. dollar in the absence of any major economic reports from the U.K.
EUR/USD: the currency pair declined to $1.1371
GBP/USD: the currency pair rose to $1.4251
USD/JPY: the currency pair increased to Y108.34
The most important news that are expected (GMT0):
13:25 U.S. FOMC Member Dudley Speak
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