XE Market Analysis: North America – Apr 03, 2019

The Dollar and Yen have been softening against most currencies as a risk-on sentiment continued to course through global markets. European stock markets rallied, the MSCI Asia-Pacific (ex-Japan) equity index printed a fresh seven-month high, while oil prices posted fresh five-month highs. China released forecast-beating services PMI data, which rose to 54.4 in March from 51.1 in the month prior, while an FT article reported that the U.S. and China are on track to make a deal on trade.