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Flash: Quiet before the storm – TD Securities

FXstreet.com (London) - Research teams at TD Securities say that trading is a little calmer after some of the big moves seen in the past couple of days, but the risk-off mood prevails, with the commodity bloc currencies under-performing amid softer commodity prices and further losses in overseas stock markets.

Adding that April US durable goods are expected to claw back some of the big drop seen in March (we look for an above-consensus outcome today, see over) but, with a long weekend in the US pending, price action may not pick up too much before the close.

Session Recap: USD mixed heading into the long weekend

The dollar trades mixed against major competitors, advancing versus the currencies linked to commodities but weaker against its European peers and the yen ahead of the long weekend in the US.
The euro rose in the wake of stronger than expected German IFO confidence reading, but has been unable to break above the 1.3000 mark. European stocks area broadly lower for a second day, while US futures point for a negative opening.
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Flash: S&P 500 looks bullish ahead - Nomura

Nomura Strategist Saeed Amen has taken a look at the S&P500 from a purely technical perspective and expects spot to be bullish for the week ahead.
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