A light one to begin the trading week
Good day, everyone! Hope you all had a wonderful weekend as we look to get back into the trading gear in the new week. It's been a quiet start to proceedings so far with narrow ranges largely prevailing. The dollar is a little on the back foot though but markets are yet to settle on any clear direction at the moment.
Equities are also doing well but currencies are mostly doing their own thing for the time being. USD/JPY sits just under 112.00 in a narrow 18 pips range while EUR/USD is a little higher, testing waters above 1.1300 in a 19 pips range so far today.
0630 GMT - Switzerland March producer and import prices
Prior release can be found here. A rough gauge of inflationary pressures in the Swiss economy. A minor data point.
0800 GMT - SNB total sight deposits w.e. 12 April
Your weekly check of the deposits kept at the SNB by Swiss banks. This data is a proxy for FX interventions.
That's all for the session ahead. I wish you all the best of days to come and good luck with your trading!