The Traderszone Network

Mario Draghi might need to change his tune on the prospect for additional rate cuts.
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Softer tones to European equities as expected 20 April
– FTSE -0.2%
– DAX -0.3%
– CAC40 -0.4%
– FTMIB -0.5%
– IBEX -0.3%
In China the SCI has closed down 2.3% at 2972.58 paring losses from over 4% in the afternoon session. CS1300 Index down -1.8% at 3181.03

Latest Japanese data now out 20 April

Another minor tier data report but follows on from yesterday’s dip in dept store sales and adds doubt to the sales tax hike happening in April next year.    

Currently 1.4371 after capping at the 1.4400-20 supply/resistance yesterday
Talk of a 1.40-1.45 DNT option in place. UK jobs data the knee-jerk event at 08.30 GMT

Currently 123.77 finding dip demand into 123.50
Offers:  124.00 124.30 124.50 124.75 125.00 125.30 125.50 125.75 126.00
Bids: 123.50 123.20 123.00 122.80 122.50 122.00 121.75-80 121.50 121.30 121.00 (strong- barrier) 

Currently 108.90 after 108.76 lows
Yen-pairs/risk on-off still puling core pairs around. Strong exporter offers at 109.50 still in play.
Offers: 109.00 109.20 109.35 109.50 (strong) 109.75-80 110.00 (option related) 110.20 110.50

Currently 0.7784 recovering from session lows of 0.7767 on general USD demand
Offers: 0.7800 0.7820 0.7850 0.7880 0.7900 (strong – barrier option) 0.7930 0.7950