DXY grew 0.5% today, returning above the 50- and 200-day averages and the levels for the start of the month. Massive injections of liquidity around the world caused the sale of JPY, GBP, CHF. GBPUSD fell to 1.2500, EURUSD – to 1.1100.
Gold now at $ 1,570 finding support near $ 1,550 earlier today.
Brent is at $ 35.7 ( 7% to intraday lows). The recovery in the markets has somewhat reduced the pressure on oil quotes.
Important events, GMT (Exp.):
02:00 Cn !! Retail Sales, Feb (8.0% y/y)
EA !! Eurogroup Meetings
12:30 US !! Empire State Manufacturing Index