The major European markets were closed for the day due to the Easter Monday holiday, so volatility got sapped during today’s morning London session. There was some directional movement, however, and forex traders were likely turning to risk sentiment for direction.
Major Reports:
European stock markets may have been closed for the day due to the holiday, but U.S. equity futures were open and they were in the green, with the S&P 500 futures up by 0.25% to 2,033.50 and Nasdaq futures up by 0.29% to 4,409.88 during the morning London session. The safe-haven gold was also kicked 0.32% lower to $1,219.60 per troy ounce during the session.
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