Investors should be wary of reduced volatility on the final day of the European holiday weekend

Investors should be wary of reduced volatility on the final day of the European holiday weekend

18.04.2022

Last weekend, the U.S. dollar showed signs of strength amid rising U.S. Treasury yields but remained in a tight race with the euro, with the EUR/USD pair trading within a range of 1.079 to 1.082. With no major economic indicators scheduled this week aside from the U.S. Leading Economic Index on Thursday, the 21st, we will be watching for straightforward price movements in the U.S. dollar driven by rising interest rates.

European currencies remained in a stalemate against the Oceania currencies. By the end of the weekend, the euro/Australian dollar pair was trading in a range between 1.457 and 1.461, but broke above that range during today’s Asian trading session, rising to 1.467. With the situation in Ukraine escalating and fighting in Mariupol showing no signs of ending, the euro continues to face resistance at higher levels.

Today, the Turkish Housing Market Index is scheduled for release at 8:30 p.m., followed by remarks from U.S. Federal Reserve Bank of St. Louis President Bullard and RBNZ Governor Orr at 11:00 p.m. Following last Friday, European markets remain closed today for a public holiday. There are no major events, such as policy rate decisions, scheduled for this week. Investors should be mindful of reduced volatility during European trading hours.

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?