G10 Currency Consolidation Looks Constructive, But The Weekend Poses Risks

Marc Chandler17.14K FollowersFollow5ShareSavePlay(12min)CommentsSummaryThe dollar is mixed against the G10 currencies today, ahead of the March US CPI report.The ceasefire apparently seen some violations, and the Strait of Hormuz is not fully open as it was before the war.The reaction to the expected surge in the March US CPI will be tempered by the ceasefire. Max Zolotukhin/iStock via Getty Images The dollar is mixed against the G10 currencies today, ahead of the March US CPI report. The dollar bloc and the Japanese yen are struggling. However, the tone is mostly consolidative. Equities were higher in the AsiaThis article was written byMarc Chandler17.14K FollowersFollowMarc Chandler has been covering the global capital markets in one fashion or another for 40 years, working at economic consulting firms and global investment banks. A prolific writer and speaker he appears regularly on CNBC and has spoken for the Foreign Policy Association. In addition to being quoted in the financial press daily, Chandler has been published in the Financial Times, Foreign Affairs, and the Washington Post. In 2009 Chandler was named a Business Visionary by Forbes. Marc's commentary can be found at his blog (www.marctomarket.com) and twitter www.twitter.com/marcmakingsense