# Forex Major Currencies Outlook (Apr 26, 2016) Source: https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-apr-26-2016/ Language: en Updated: 2016-04-26 Description: Explore Forex Major Currencies Outlook (Apr 26, 2016). USD Dollar. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding. **USD** Dollar pairs were in consolidation due to the lack of top-tier data and positioning ahead of the FOMC statement. New home sales came in weaker than expected with a decline from 519K to 511K. US CB consumer confidence data is due today and a drop from 96.2 to 95.8 is eyed. Also lined up today is the flash services PMI and the Richmond manufacturing index, along with the durable goods orders figures. **EUR** The euro made a bit of a recovery in recent sessions despite weaker than expected data. The German Ifo business climate index fell from 106.7 to 106.6 instead of improving to the projected 107.1 figure. There are no reports due from the euro zone today. **GBP** The pound was able to hold on to its gains as voters appear to be digesting the anti-Brexit comments from top officials lately. Data from the UK was also better than expected, as the CBI industrial orders expectations index rose from -14 to -11 instead of sliding to the projected -17 figure. There are no reports due from the UK today but MPC member Cunliffe has a testimony lined up. **CHF** The franc chalked up some gains even though there were no reports out of Switzerland. There are still no reports due from the Swiss economy today, keeping the franc as a counter currency that’s sensitive to country-specific events or market sentiment. **JPY** The yen regained ground on Monday after gapping lower over the weekend, as PM Abe shared his plan to create an additional budget for earthquake rebuilding efforts. This lessens the pressure on the BOJ to dole out stimulus in their announcement later this week, although the fact remains that the Japanese economy is very weak and the yen’s appreciation is hurting inflation. There are no reports due from Japan today. **Commodity Currencies (AUD, NZD, CAD)** The comdolls managed a late recovery as Australian and New Zealand banks reopened after the Monday holiday. There are no reports due from the comdoll economies today but BOC Governor Poloz has a couple of speeches scheduled. *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-26-2016/#primary", "url": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-apr-26-2016/", "mainEntityOfPage": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-apr-26-2016/", "headline": "Forex Major Currencies Outlook (Apr 26, 2016)", "inLanguage": "en", "datePublished": "2016-04-26T06:55:16+00:00", "dateModified": "2016-04-26T06:55:16+00:00", "articleSection": "Market Info", "description": "Explore Forex Major Currencies Outlook (Apr 26, 2016). USD Dollar. 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