No Policy Action, Sharp FX Moves - InvestingChannel

No Policy Action, Sharp FX Moves

EUR -0.14
GBP -0.14
CHF -0.21
JPY -0.58
The Asian markets closed the week in positive territories as Chinese trade balance surprised to the upside. The Chinese exports increased by 21.8% (well above 8.1% expected), while the imports shrank 15.2%, twice the estimates in February. In Japan, the GDP did not change in the fourth quarter, while the current account deficit was multiplied by 160% in January.

The Nikkei 225 rallied 2.6%, Hang…

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