A session without much volatility on the FOREX (unlike the fixed-income markets, which were in a bad way in Europe on Friday), but which ended with a slight rebound for the Dollar.
The '$-Index grabs +0.05% and the correction in weekly terms is reduced to -0.75%: the index was close to the low of April 8, 9 and 10 (104.10) and did not rebound convincingly.
The euro held firm against the main currencies, gaining 0.1% against the dollar (compared with a symmetrical decline on Friday morning), +0.22% against the Swiss franc and +0.2% against the yen.
The final figures for inflation in the eurozone in April - unchanged at +2.4% - published at 11:00 a.m. were clearly disappointing (had there been hope of a symbolic dip towards 2.3%?).

On the other side of the Atlantic, traders failed to react to the release of the Conference Board's index of leading indicators, expected to fall by 0.3% in April, which fell more sharply than expected, by -0.6% to 101.8, according to the Conference Board, which sees this as a sign of a slowdown in the economy (the index had already fallen by 0.3% in March, and analysts were expecting a more limited decline of around 0.3%).

The ConfBoard explains the deterioration of the index by the worsening of consumer sentiment, the weakness of business orders and the fall in building permits, but also by the stock market correction in April.

One of Friday's highlights was silver's confirmed breakout above $29.3 (+3.5% to $30.70, a ten-year record) and gold's return above $2,400 (to $2,410), despite the deterioration in interest rates and the dollar's strengthening towards 1.0850/E.

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