Sterling hits 10-week high vs dollar, 11-month peak vs. euro (news: 13/04/18)

Today's press

  • LONDON (Reuters) – Sterling rose to a new 10-week high against the dollar on Friday and pulled itself out of a six-month trading range against the euro, prompting investors to unwind their long euro positions.

  • BOSTON (Reuters) – The Federal Reserve will probably need to raise interest rates at least three more times this year in the face of a robust U.S. economy, even while possible trade disruptions pose risks, a top Fed policymaker said on Friday.

  • WASHINGTON/TOKYO (Reuters) – U.S. President Donald Trump said the United States would only join the Trans Pacific Partnership, a multinational trade deal his administration walked away from last year, if it offered “substantially better” terms than those provided under previous negotiations.

  • Investing.com – U.S. consumer sentiment pulled back in April from what had been its highest level since 2004 in the previous month as Americans became concerned over future trade agreements, according to a report published on Friday.

Next trading day's important events

  • 15:30 (GMT+3) US – Retail Sales ex Autos (MoM) (Mar)


Forex quotes:

  • USDJPY: 107.46
  • EURUSD: 1.2326


Indices:

  • S&P 500: 2655.20
  • NASDAQ: 7104.09

Source: Alpari

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