Dollar climbs vs yen as risk appetite returns; euro up (news: 10/04/18)

Today's press

  • NEW YORK (Reuters) – The dollar rose against the Japanese yen on Tuesday after Chinese President Xi Jinping’s promise to cut import tariffs eased concerns about a trade conflict between Washington and Beijing.

  • BEIJING (Reuters) – Dallas Federal Reserve Bank President Robert Kaplan said on Tuesday he is quite hopeful that despite the recent trade skirmish between the United States and China, the rhetoric will de-escalate.

  • LONDON (Reuters) – Sterling hit a two-week high on Tuesday as firm risk appetite and a top policymaker’s comment that the Bank of England should not delay an interest rate hike boosted bets in a market that is already long in the British currency.

  • Investing.com – U.S. producer prices rose in March, according to data released on Tuesday.

Next trading day's important events

  • 14:00 (GMT+3) EMU – ECB President Draghi's Speech
  • 21:00 (GMT+3) US – FOMC Minutes


Forex quotes:

  • USDJPY: 107.15
  • EURUSD: 1.2356


Indices:

  • S&P 500: 2655.82
  • NASDAQ: 7066.74

Source: Alpari

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