What you need to know on Friday, April 9: The greenback fell against all of its major rivals but the pound. Dovish comments from Federal Reserve chief Powell, subdued government bond yields and poor US employment-related data weighed on the American currency. The GBP/USD pair held at the lower end of its weekly range, extending its slide by a few pips to 1.3718 and settling in the 1.3740 area. Concerns surrounding the AstraZeneca vaccine keep weighing on sterling, as the EMA found a “rare link” between the jab and blood clots. Nevertheless, the UK has given at least one dose of a coronavirus vaccine to roughly 50% of the population, which brought sharply down the number of daily deaths and contagions. The EUR/USD pair rallied up to 1.1927 retaining most of its gains by the end of the US session. Robert Holzmann, Austrian Central Bank Governor, said that the European Central Bank might be able to start reducing its bond purchases during the summer, providing support to the shared currency. European and American shares posted modest intraday gains, providing some support to commodity-linked currencies. The Australian dollar found additional support in rising gold prices as spot advanced to its highest since March 1, ending the day around $ 1,755.00 a troy ounce. XRP price headwinds are quickly being replaced by strong tailwinds FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/JPY bounces at 109.00 level, but still well in the red on the day FX Street 1 year What you need to know on Friday, April 9: The greenback fell against all of its major rivals but the pound. Dovish comments from Federal Reserve chief Powell, subdued government bond yields and poor US employment-related data weighed on the American currency. The GBP/USD pair held at the lower end of its weekly range, extending its slide by a few pips to 1.3718 and settling in the 1.3740 area. Concerns surrounding the AstraZeneca vaccine keep weighing on sterling, as the EMA found a "rare link" between the jab and blood clots. Nevertheless, the UK has given at least one dose… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
