What you need to know on Thursday, April 15: The greenback kept falling with commodity-linked currencies outperforming their European rivals against the American dollar. EUR/USD neared the 1.2000 threshold, while GBP/USD was unable to recover beyond the 1.3800 threshold. The AUD/USD pair surged to 0.7737 while the USD/CAD fell to 1.2536, giving up some pips before the end of the day but retaining most gains. US Federal Reserve chief Jerome Powell repeated his well-known conservative stance. He repeated that it is highly unlikely that the Fed would raise rates before the end of 2022, adding that the US economy is at an inflexion point and heading “a period of faster growth, more job creation.” Christine Lagarde, President of the European Central Bank, said that the United States’ fiscal response is expected to lift the European growth by 0.3% over the medium term, adding that “US spillover on Europe’s inflation to be 0.15%.” Crude oil prices were the start of the day, as WTI surged above $63.00 a barrel after the EIA reported a thirds straight weekly draw in crude oil inventories. The news came after an optimistic IEA report and following OPEC upward review to future demand. Gold prices retreated from weekly highs, with spot ending the day in the red at $ 1,736 a troy ounce. US indexes rallied at the daily opening, reaching fresh all-time highs, although the three major indexes retreated ahead of the close, ending the day mixed near their opening levels. US Treasury yields fell to fresh weekly lows before bouncing some during US trading hours, ending the day little changed. Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC, ETH, and XRP stall at significant Fibonacci levels 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 Fed’s Clarida: Fed won’t tighten solely because unemployment falls FX Street 2 years What you need to know on Thursday, April 15: The greenback kept falling with commodity-linked currencies outperforming their European rivals against the American dollar. EUR/USD neared the 1.2000 threshold, while GBP/USD was unable to recover beyond the 1.3800 threshold. The AUD/USD pair surged to 0.7737 while the USD/CAD fell to 1.2536, giving up some pips before the end of the day but retaining most gains. US Federal Reserve chief Jerome Powell repeated his well-known conservative stance. He repeated that it is highly unlikely that the Fed would raise rates before the end of 2022, adding that the US economy is… 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.
