Forex - USD/JPY, EUR/USD Flows: USD strength broadens

 18:50 (GMT) 24 Apr

  [Forex Flows]

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USD/JPY, EUR/USD Flows: USD strength broadens (0101-KRSV-C01)

EUR/USD struggled for some time with the previous year to date low of 1.1176 before breaking lower, but the USD strength is increasingly broad based, USD/JPY finally making a convincing break move 112.00, ironically on a day when UST yields fell and equities have failed to make any fresh headway (though the equity tone remains firm). Markets are looking ahead to a potential firm US GDP number on Friday, while tomorrow durable goods orders and the recently impressively low initial claims will be eyed.

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