XE Market Analysis: North America – Apr 01, 2021

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The dollar has traded mixed, and mostly within narrow ranges as market activity abated into the long weekends that will commence tomorrow in Europe, Latin America, much of Asia, and Australia and New Zealand. One standout theme was an Australian dollar led correction in the dollar bloc currencies today, and another was a rebound in the euro, albeit moderate in magnitude. Stock market sentiment remain upbeat after the S&P 500 hit another record high yesterday, aided by the tonic of strong March manufacturing PMI readings out of Asia and Europe.