On the eve of our markets' semi-official days (Armistice and Ascension), and in the absence of any major economic indicators, FOREX remained very quiet, with the Dollar gaining only thanks to a further decline in the Yen (-0.4%) to 154.50.

The Yen's weakness enabled the $-Index to gain +0.15% to 105.20, a rather logical score given the $'s virtual stagnation against the Euro, and the 0.15% gain against the Pound and Swiss Franc.

On the statistics front, the agenda contained a few minor figures from Europe: the volume of CVS retail sales rose by 0.8% in March in the eurozone and by 1.2% in the EU, compared with February 2024, according to estimates from Eurostat, the European Union's statistical office.
Germany recorded a 0.9% rise in exports in March, but saw industrial orders simultaneously fall by -0.4%.

In France, the trade balance improved slightly in March, according to CVS-CJO data from the customs administration, with the deficit narrowing to 5.47 billion euros from 5.61 billion in February.

This timid improvement reflects a 2.9% month-on-month increase in French exports, to over 52.2 billion euros, while imports rose by less than 2.4% to 57.7 billion.

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