ANALYSIS
NQ100 Finds Support from PPIApr 14
GBPUSD: Parity May Sustain Gains
The day we left behind, European Central Bank (ECB) President Christina Lagarde stated that she expects net purchases under the asset purchase program (APP) to end at the beginning of the third quarter, and that they may start interest rate hikes in July and that the negative interest rate period may end at the end of September. According to those flows; assets are recovering. Subsequently, the moderate easing of the dollar in the US also supports the pair. In this context, if the EURUSD parity, which continues its recovery on the third trading day of the week, can overcome the 1.0760 level in a pressured way, it may bring the psychological 1.0800 resistance to the agenda. In a possible downside scenario, 1.0675 then 1.0630 supports can be followed by market players
