DXY trades near 98.10 within a descending channel, bearish below key EMAs; risks 97.20/95.56, resistance 98.41-98.83.
UOB strategists see USD/JPY rangebound after volatility, eyeing 158.50–159.20 today; 157.55–160.50 remains forecast.
RBI eased NDF rules, allowing dealers more flexibility; USD/INR rose to 93.12, rupee weakest in Asia.
Silver slips near $79 ahead of Warsh hearing; Fed independence eyed. Technicals show triangle, key resistance/support levels.
Sterling initially rose on stronger UK jobs data; focus shifts to CPI, PMIs, retail sales later.
New Zealand inflation hit 3.1% in Q1; energy costs may spur RBNZ caution and potential May rate hike.
GBP/USD slips to 1.3520 within rising channel; traders watch expiring US-Iran ceasefire as oil jumps.
UK claimant count rate remained steady at 4.4% in March, with no change from the previous month.
UK claimant count rose 26.8K in March, exceeding the 21.4K forecast by 5.4K, signaling higher benefit claims.
USD/INR neared 93.50 as RBI eased curbs, FIIs sold shares, and markets awaited US retail sales.
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