What you need to take care of on Tuesday, April 2: The US Dollar stands as the overall winner at the end of Monday, with some major markets remaining closed amid Easter Monday.
The focus was on growth-related figures as the day started with China reporting an upbeat manufacturing output in March. The news, however, fell short of maintaining investors optimism. Financial markets priced in Friday's news that US inflation, as measured by the Personal Consumption Expenditures Price Index, held at 2.8% YoY in February.
At the same time, S&P Global also released the final estimate of its Manufacturing PMI, which was confirmed at 51.9, below the 52.5 expected but still with expansionary levels. EUR/USD settled around 1.0740, not far from the February low at 1.0694. GBP/USD trades around 1.2545, while USD/CHF is comfortable above 0.9040. Commodity-linked currencies fell alongside US indexes, with AUD/USD trading around 0.6480 and USD/CAD up to 1.3580. Finally, the USD/JPY stands at 151.60.
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