# Forex Major Currencies Outlook (Apr 25, 2017) Source: https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-apr-25-2017/ Language: en Updated: 2017-04-25 Description: Explore Forex Major Currencies Outlook (Apr 25, 2017). USDThe US. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding. **USD** The US dollar regained ground on a strong equity market performance on expectations for Trump’s tax reform announcement on Wednesday. There were no major reports out of the US and markets seemed to shrug off cautious remarks from FOMC dissenter Kashkari. For today, US CB consumer confidence and new home sales data are due, along with the Richmond manufacturing index. **EUR** The euro had a strong start for the week but gave up some of its gains and filled some gaps throughout the sessions that followed. German Ifo business climate data was better than expected as the reading rose from 112.4 to 112.9. Traders now seem to be turning their attention to the upcoming ECB statement, which could show that the central bank is reverting to its dovish stance. There are no reports due today. **GBP** The pound also stalled from its climb as CBI industrial order expectations data disappointed. The index fell from 8 to 4 to reflect weaker growth instead of improving to the estimated reading at 9. UK public sector net borrowing data is up for release next and a larger deficit of 2.6 billion GBP is eyed. **CHF** The franc failed to establish a clear direction in trading as it mostly reacted to currency-specific events. There are still no reports due from the Swiss economy today so the franc could be sensitive to market sentiment again. **JPY** The yen regained some ground after gapping down against its peers over the weekend as risk aversion returned to the markets. There were no major reports out of Japan and none are due today so market sentiment could still be the main driving factor. **Commodity Currencies (AUD, NZD, CAD)** The comdolls resumed their weak stance when risk aversion returned to the markets. Canadian wholesale sales was weaker than expected with a 0.2% drop versus the projected 2.1% gain. There are no reports due from the comdoll economies today. *By Kate Curtis from**Trader’s Way* ## Structured data JSON-LD as served in the HTML version of this page. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Article", "@id": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-apr-25-2017/#primary", "url": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-apr-25-2017/", "mainEntityOfPage": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-apr-25-2017/", "headline": "Forex Major Currencies Outlook (Apr 25, 2017)", "inLanguage": "en", "datePublished": "2017-04-25T08:49:22+00:00", "dateModified": "2017-04-25T08:49:22+00:00", "articleSection": "Market Info", "description": "Explore Forex Major Currencies Outlook (Apr 25, 2017). USDThe US. 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