FXStreet — The week of the opening of Asia started with a Bang, as the bids from the Macron benefited victory in the French presidential elections. The movement to more month was not highly sustainable, and it came to a sharp correction of the Macron movement. The Asian stock markets are set apart from China, due to the optimism surrounding the elections in France and the recovery of the Oil prices. Of the USD against most of his rivals to prevail, while the EUR/USD falls.
The trade data of China, had no impact on the market, while imports and exports were gloomy, what is the sentiment towards the Aussie and the NZD cloudy. The Aussie fell by Asian trading as the Australian building permits fell sharply, reflecting the increase in the NAB business conditions and the consumer price index, could rise to a multi-year high, overshadowed.
With the beginning of European trade under the EUR made another attempt to reach the 1.10, and according to the German plant were orders better than expected. Next is waiting for us in the UK Halifax HPI and the Sentix investor confidence in the Eurozone. In the afternoon there are from the USA, the LMCI and Canada housing starts.
** FXStreet News Editorial, FXStreet**
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