Forex Trading Pairs holding hopes over Ukraine tensions

In forex markets, the news which is likely to affect the trading session includes United Kingdom's analytical disclosure from CBI distributive trades survey in the day today along with declaration of Gfk consumer confidence levels. United States is planning to put up figures of Gross Domestic Product (GDP), corporate profits derived from it, customer spending, homes on sale and jobless claims which were initially registered and are continuing.

New Zealand will declare its building consents. Japan is publishing measures of National CPI, the unemployment rate, retail sales computed with ratio over industrial production, Tokyo CPI and household spending. Australia is going to post its private sector credit report in the day.

From the reports and trading, the following pairs made news in the market as some gained profits on fall and others reported sinking trades.

EUR/USD- Booking Profits

The pair gained points in the trades yesterday after investors pimped in to book profits over the falling pair. EUR/USD dropped in forex trade before US released its GDP reports and Euro started its central bank's meeting with all the regional countries to decide its trading policy.

GBP/USD- Traded Low

Trading of the pair slowed down in forex market but value of pair jumped. UK and US economies kept the trading environment flat as there were no major changes recorded in the world markets. Tensions which build up again in Ukraine pulled down the trading of GBP/USD.

AUD/USD- Mixed reports

The pair swung between highs and lows in the market as investors sentiment stayed positive ignoring the negative performance of construction segment in Australia. Construction works of the country dipped 1.2 percent down in the first financial quarter. 

EUR/JPY- Hopes Up

Investors plugged in betting on the pair as European Central Bank is signalling a recovery in the value of Euro by interfering in the current trades. Latest Germany publication of reports showing that the largest sharing economy in European Union disappointed investors which forced the central bank to reconsider the policy changes in forex trade.

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