Global markets appeared largely calm on Friday, the last day of trading before the first round of France's closely fought presidential election, with French bond yields hitting a three-month low and the euro treading water.
The dollar gained versus the euro and against most leading rivals on Friday ahead the first round on Sunday of a tight French presidential race that likely holds implications for the eurozone economy.
LAGOS, April 21 – Nigeria’s central bank said on Friday it would offer dollar forwards to offset a backlog of foreign exchange obligations for manufacturers, airlines and fuel importers.
LeapRate has learned that a number of leading retail forex brokers are altering trading conditions in advance of this Sunday’s French elections. The first round of polling is not expected to elect a new President, with the expected final runoff between the two top vote-getting candidates set to take place two weeks later, on Sunday May 7.
Next trading day's important events
- USDJPY: 109.15
- EURUSD: 1.0703
- S&P 500: 2354.48
- NASDAQ: 5916.65