With the start of the four-day weekend in Europe, investors may be wary of sharp price fluctuations due to light trading

With the start of the four-day weekend in Europe, investors may be wary of sharp price fluctuations due to light trading

15.04.2022

Yesterday, the U.S. dollar emerged as the strongest currency during U.S. trading hours, with the GBP/USD pair falling by approximately 110 pips from 1.314 to 1.303.The U.S. dollar also strengthened against the euro, with the EUR/USD pair falling 160 pips and currently trading around 1.080. U.S. Treasury yields are rising across both short- and long-term maturities, with the 30-year yield at 2.92%, just shy of the 3% mark.

Among European currencies, the euro was the weakest after the ECB announced at its policy meeting yesterday that it would keep interest rates unchanged and end its asset purchase program. The euro also fell against the weakening yen, with the EUR/JPY pair experiencing a particularly sharp decline among the yen crosses, dropping approximately 140 pips from 136.93 to 135.51.

Today’s economic indicators include the French Consumer Price Index at 3:45 p.m., Turkish home sales at 4:00 p.m., the U.S. New York Fed Manufacturing Index at 9:30 p.m., U.S. industrial production and capacity utilization at 10:15 p.m., and U.S. foreign direct investment in U.S. securities at 11:00 p.m.As Europe begins a four-day holiday weekend today and the U.S. market will have a shortened trading session, investors should be on guard for sharp price fluctuations due to thin trading volume.

Past Market Reports

1. 22.04.2026New

   Will interest grow in the upside potential of the Swiss franc, which has risen against the yen?

2. 21.04.2026New

   With the euro-Australian dollar pair hitting new lows this month, attention is turning to how much further it might fall

3. 20.04.2026New

   Will the market wait and see how much further the U.S. dollar can rise against the yen?

4. 17.04.2026New

   Will the weakening Swiss franc recover? Attention is turning to price movements during European trading hours.

5. 16.04.2026New

   Market participants are likely keeping a close eye on the upside potential of the euro, which has risen against the U.S. dollar

6. 15.04.2026

   Should we keep an eye on remarks by key figures in the U.S. and try to gauge the direction of currency strength?

7. 14.04.2026

   Market participants are likely watching for signs of a rebound in the Canadian dollar, which fell against the U.S. dollar following the release of employment figures

8. 13.04.2026

   Will the weakening Swiss franc continue to strengthen against the yen, or should we wait and see?

9. 10.04.2026

   Will the U.S. dollar, which has fallen against the yen, continue its downward slide, or should we wait and see how the market moves?

10. 09.04.2026

    Should we keep an eye on the upside for European currencies that have risen against the U.S. dollar?