Important upcoming events and publications for April 25 (GMT):
10:30 U.K. CBI Industrial Order Expectations is created to assess the production trends in the country. Values above zero say that the number of companies that have marked the increase in orders by the previous year prevails. In March, this figure sank to 1, but the April data is expected to show growth to 3. The growth of expectations is favourable for the pound. Impact on GBP: low.
12:30 U.S. durable goods orders as an indicator of business sentiment. If companies are confident in future demand, they will actively invest in expensive equipment by placing orders for them. The March figures are expected to restore by 0.7% after a decline by 1.6%, impacted by Boeing troubles. Higher numbers can support optimism in the markets and further strengthen the dollar. Impact on USD: high.
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- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
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