HALISTER1: INSIDE G-10: Dollar Strengthens Into Easter Break; Stocks Fall

INSIDE G-10: Dollar Strengthens Into Easter Break; Stocks Fall

(Bloomberg) -- USD advances on broad-based buying amid thin liquidity ahead of long weekends in Asia, Europe and U.S.
  • AUD/USD -0.48% to 0.7496 vs 0.7489/0.7538 range
    • AUD/JPY buying gives way to selling by leveraged and macro accounts, traders say
  • NZD/USD -0.19% to 0.6693 vs 0.6690/0.6722 range
    • Global fund selling helped cap pair in early Asia session, trader says
    • N.Z. Feb. trade surplus NZ$339m vs estimate +NZ$90m
  • USD/JPY +0.38% to 112.81 vs 112.30/112.88 range
    • Pair running into year-end offers by Tokyo-based banks, according to an Asia-based FX trader
    • BOJ reduces purchase of long-maturity JGBs from market
    • Nomura cuts USD/JPY forecasts, sees 118 by end-2Q2
    • BOJ turns focus from money supply to holding down rates, Nikkei reports
  • EUR/USD -0.10% to 1.1170 vs 1.1164/1.1186 range
    • Options expiring today include 1.1160 strikes for EUR756m
  • GBP/USD -0.12% to 1.4100 vs 1.4088/1.4121 range
    • $16b of option trades envisage drop to 1980s lows
  • BBDXY rising for fifth day, up 0.14% to 1,200.73
  • U.S. Treasury 10-year yield steady at 1.889%
  • S&P futures fall 5 points to 2,024.30
  • Brent crude +0.1%, gold -0.2%, copper +0.3%
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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