(CercleFinance.com) – On the eve of the half-day holidays on our markets (Armistice and Ascension) and in the absence of leading economic indicators, FOREX remained very calm, the Dollar only progressed thanks to a further decline in the Yen (-0.4%) towards 154.50.
The weakness of the Yen allows the ‘$-Index’ to gain +0.15% towards 105.20, which is a rather logical score given the virtual stagnation of the $ against the Euro, the 0.15% gain against to the Pound and the Swiss Franc.
On the statistics front, the agenda contained some minor figures in Europe: CVS retail sales volume increased by 0.8% in March in the eurozone and by 1.2% in the EU, compared to February 2024, according to estimates from Eurostat, the statistical office of the European Union.
Germany recorded a 0.9% increase in its exports in March but saw industrial orders simultaneously decline by -0.4%.
In France, France’s trade balance improved slightly in March, according to CVS-CJO data from the customs administration, the deficit having thus been reduced to 5.47 billion euros after 5, 61 billion in February.
This timid improvement reflects a 2.9% increase in French exports from one month to the next, to more than 52.2 billion euros, while imports increased at the same time by less than 2.4%, to 57.7 billion.
