Here is what you need to know on Wednesday, April 15th: A better than expected Chinese Trade Balance spurred risk-appetite this Tuesday that extended throughout the day. The macroeconomic calendar was scarce in other major economies. The dollar was the worst performer once again. Continued improvement in coronavirus-related numbers, mainly from Europe, underpinned the sentiment. Nevertheless, most lock-downs have been extended into early May. Hopes that economies will slowly resume activity don’t grant an economic recovery in the foreseeable future. The EUR/USD pair approached 1.1000 while the GBP/USD pair re-took the 1.2600 level, and it was all about dollar’s weakness. Commodities were once again the stars of the day. Gold soared to levels last seen in October 2012, with the troy ounce reaching $1,747.45. Crude oil prices resumed their declines, with the US benchmark, WTI, nearing $20.00 a barrel amid absent demand with the world paralyzed by the coronavirus crisis. Crypto Today: Bitcoin must break $7000 again for any chance at recovery 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 Bitcoin Price Analysis: A break of 6,600 could lead to lower levels FX Street 2 years Here is what you need to know on Wednesday, April 15th: A better than expected Chinese Trade Balance spurred risk-appetite this Tuesday that extended throughout the day. The macroeconomic calendar was scarce in other major economies. The dollar was the worst performer once again. Continued improvement in coronavirus-related numbers, mainly from Europe, underpinned the sentiment. Nevertheless, most lock-downs have been extended into early May. Hopes that economies will slowly resume activity don’t grant an economic recovery in the foreseeable future. The EUR/USD pair approached 1.1000 while the GBP/USD pair re-took the 1.2600 level, and it was all about dollar’s weakness.… 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.
