Session Recap: Euro and Pound recover ground; CAD lifted by oil

Today's wasn't a USD winning day as the European currencies have posted gains against its major rivals. The EUR/USD fell to 3-month lows at 1.2910 in the European session, but the euro retraced losses to close above the 1.3000 level. The GBP/USD finally bounced with the Pound leaving behind the 1.5000 mark and testing the 1.5100 price.

The USD/CAD collapsed to March lows at 1.0210 on the back of news from a new refinery in the Canadian west coast that should propelled the Canadian national account by $1.6 billion per month. The USD/JPY ws moved in swing trading between 95.65 and 96.60 to close almost unchanged at 96.05.

Main Headlines in America (in chronological order):

US: Initial jobless claims drop against consensus, to 332K in Mar-10 week

American equity markets rise after upbeat jobless claims

Commodities Brief – Precious metals pare losses after US PPI, crude moves towards 93.00 barrier

Forex: GBP/USD peaks at 1.5038

European equity close: Italy leads the continent higher

Canadian oil and the other Black

Forex: USD/CAD collapses below 1.0230 on refinery plans

Forex: EUR/USD regains 1.3000

Forex: GBP/USD keeps pushing higher, eyes on 1.5100

Euro bears recede, for how long?

Forex: USD/JPY falls further to 95.65

Cable post largest one-day gain in 2013

Forex: USD/JPY above 96.00, ahead of Upper House vote

Forex: GBP/USD consolidates gains after sharp rally

Wall Street rallies on US jobless report