Easing geopolitical jitters brought much-needed oxygen to the risk-on space at the start of a week dominated by upcoming US inflation readings as well as corporate earnings reports.
Here's what you need to know on Tuesday, April 23:
In a fairly quiet start to the week, the Dollar posted modest gains and kept the USD Index (DXY) at lows of 106.50. Preliminary PMIs will be released on April 23, followed by new home sales.
The EUR/USD pair retreated modestly and hovered around the 1.0650 area despite the prevailing risk-on sentiment. Preliminary PMIs for Germany and the broader Euro bloc will be released on the Euro calendar on April 23.
GBP/USD extended its decline and revisited the area below 1.2300 for the first time since mid-November. Advanced PMIs and public sector net borrowing will be published on the UK agenda on April 23.
USD/JPY hit a new 34-year high around 154.85, amid continuation of the overall consolidative trend. There are no publications scheduled on the Japanese agenda for April 23.
AUD/USD regained its composure and hit two-day highs in an auspicious start to the week. Preliminary Judo Bank PMIs will be released in Australia on April 23.
WTI ended the session little changed after hitting new lows below $81.00.
Easing geopolitical concerns dragged gold prices to multi-session lows near $2,330 per troy ounce. Along the same lines, Silver prices plummeted more than 5% and revisited the area close to $27.00 per ounce.
Source: Fx Street

I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.