• Asian session review: the dollar was trading steadily against the euro and yen

Market news

23 April 2020

Asian session review: the dollar was trading steadily against the euro and yen

Time Country Event Period Previous value Forecast Actual
00:30 Japan Manufacturing PMI April 44.2 43.7
00:30 Japan Nikkei Services PMI April 33.8 22.8
05:00 Japan Leading Economic Index February 90.7 92.1 91.7
06:00 Germany Gfk Consumer Confidence Survey May 2.3 -1.8 -23.4
06:00 United Kingdom PSNB, bln March 0.39 -2.3 -2.33


During today's Asian trading, the value of the US dollar was almost unchanged against the euro and the yen, while the pound rose against the dollar and the euro.

Traders are monitoring the situation in the oil market after another collapse in oil prices.

Oil futures prices continue to grow steadily today after US President Donald Trump ordered the Navy to strike Iran's military boats if they interfere with the actions of American ships.

The ICE Dollar index, which shows the value of the dollar against six major world currencies, fell by 0.09% compared to the previous day.

European Union leaders will try to overcome differences over the EU's role in dealing with the consequences of the coronavirus pandemic at a video conference on Thursday. The key issue will be the creation of the European recovery Fund, on which there remain sharp differences between the conditional "North" and "South" of the EU.

The President of the European Council, Charles Michel, said yesterday that the European Union, despite all the difficulties of the situation due to the pandemic and the remote prospects of overcoming the crisis, should prepare for the gradual rejection of restrictions. According to him, it is necessary to closely monitor the situation and ensure the maximum possible coordination to solve problems related to the lifting of restrictions, especially with regard to the upcoming summer season.

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