20.04.2017 • 13:00 GMT
GBP/USD and EUR/GBP Breaks Fizzle, Kiwi Rallies on CPI, Oil Tumbles
John Kicklighter
• The Pound surge after the UK Prime Minister's snap election call pushed GBP/USD and EUR/GBP to the edge but not beyond
• A jump in New Zealand inflation has boosted appetite for carry, but how much Kiwi lift should we expect?
• Technicals dominant over fundamentals and momentum in with oil prices dropping sharply in range and gold holding trend