Dollar ends the week lower in light trading ahead of holiday weekend
"Blossom by blossom the spring begins."
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FX Rates
April 10, 2020Rates are not real time. Rates are today's indicative mid-market rates as of time of publishing, which may vary. Please contact SVB for a current quote.
EUR/USD 1.0944 GBP/USD 1.2471 USD/CAD 1.3961 AUD/USD 0.6342 USD/JPY 108.43 USD/CNH 7.0453 USD/ILS 3.5788 USD/MXN 23.4056 USD/CHF 0.9648 USD/INR 76.2925
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USD
The US dollar is lower against all G-10 peers, ending the week on its back foot amid risk-on sentiment and further stimulus from the Fed. Fed Chair Jerome Powell announced that the Fed will allocate $2.3 trillion more to support local governments and small and medium-sized businesses.
GBPThe pound tracked higher for a fourth day, but remains range-bound in thin trading.
EURThe euro reached a six-day high yesterday, as it continues to track higher in lower volume markets ahead of the Easter holiday and as EU finance ministers agree on a new 540 billion euro stimulus package for the EU economy.CADThe Canadian dollar tracked higher versus the dollar and is eyeing a 2-week high, as petro-currencies advance on a potential oil deal.
ASIA/PACIFICCommodity currencies continued an upward trend versus the greenback, the Australian dollar gained 2.17%
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