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The latest UK CPI and PPI figures haven’t changed the outlook for Sterling but are still positive long-term; the Bank of England will have to tighten monetary policy eventually.

A wait-and-see approach from the Bank of Canada at its upcoming meeting, in light of an ever-worsening local coronavirus situation, could open the door for USD/CAD to extend recent gains.

An unexpected build in crude inventories sent oil prices lower on Wednesday. Rising coronavirus infections in India, Japan and other parts of the world dampened the outlook for energy demand.

The British Pound could continue to regain some recently lost ground against the US Dollar and Japanese Yen. GBP/USD and GBP/JPY may rise as retail traders increase downside exposure.

Gold prices climbed to an 8-week high as viral resurgence in parts of the world dampened growth prospect, sending yields lower. Rising demand for safety boosted the appeal of the…

The New Zealand Dollar has seen broad-based strength this month. NZD/USD, NZD/CAD and NZD/JPY face key technical levels, which could dictate price direction in the coming days.

Australian retail sales for the month of March grew by 1.4%, as lockdowns eased an early Easter holiday.

Nasdaq 100 futures declined after Netflix reported a much lower-than-expected subscriber growth in Q1. Stock markets are facing a “reality check” for corporate earnings.

The Canadian Dollar recently weakened against some of its major counterparts. USD/CAD is eyeing key support, with GBP/CAD looking to extend gains. CAD/JPY may bounce next.

The Nasdaq 100 shifts lower for a second day despite mostly upbeat earnings reports. Traders will shift focus to Australia’s retail sales figure during Wednesday’s Asia-Pacific session.