The euro traded at $1.38 level

Good Morning,

- The euro traded at $1.38 level, near its lowest level in almost two weeks, after ECB officials expressed concern that a strengthening currency could damage the euro zone's nascent recovery.

- Chinese shares driven by worries over liquidity and earnings put a brake on other Asian stock markets and the picture was mixed on Tuesday, despite Wall Street stocks rallying into a fifth session. Japan's Nikkei -0.85%, Hong Kong's Hang Seng -0.09% (07:08 GMT), Korea's Kospi 0.25%, Australia's ASX 200 0.41% and China's Shanghai 0.34%.

- An international agreement to avert wider conflict in Ukraine was faltering on Monday, with pro-Russians separatist gunmen showing no sign of surrendering government buildings they have seized. U.S. and European officials say they will hold Moscow responsible and impose new economic sanctions if the separatists do not clear out of government buildings they have occupied across swathes of eastern Ukraine over the past two weeks. Washington, which signed last week's accord in Geneva along with Moscow, Kiev and the European Union, said it would decide "in days" on additional sanctions if Russia does not take steps to implement the agreement.

- U.S. Secretary of State John Kerry urged his Russian counterpart, Sergei Lavrov, on Monday to help carry out the deal, including by "publicly calling on separatists to vacate illegal buildings and checkpoints", spokeswoman Jen Psaki said. "If they don't take steps in the coming days, there'll be consequences," she told a news briefing on Monday. "Obviously, we would have to make a decision in the matter of - in a matter of days - if there are going to be consequences for inaction."

- Moscow blames Right Sector for a shooting on Easter Sunday morning, when at least three people were killed at a checkpoint manned by armed separatists. Right Sector denies involvement, while Kiev said Russia provoked the violence.

- Bank of America remains bullish the USD Index and bullish the USD against CHF, and EUR. Looking specifically at EUR/USD, BofA argues that the developing medium term, potentially long term, top and turn lower, coupled with the repeated impulsive declines from both 1.3967 (Mar-13 high) and 1.3906 (Apr-11 high) say further downside is coming. "However, we want to see more from EUR/USD before we would be willing to step up and act," BofA warns. "Specifically, bears need a break of 1.3720/1.3633 to gain control. Such a break would expose 1.3104 ahead of 1.2777/1.2685 and eventually below,"

- The yen stayed near a two-week low against the dollar, smarting from Japanese trade data on Monday showing soft exports in March and a record trade deficit in the fiscal year that ended in that month. The dollar fetched 102.5-yen level, just off overnights peak of 102.72 yen, which was its highest level since April 8.

- The Chinese yuan hit a fresh 14-month low of 6.2345 to the dollar on worries over a slowing Chinese economy and following Beijing's clamp-down on one-direction bets on the yuan's gains since February.

- Gold prices fell to a nearly three-week low after sharp outflows from SPDR Gold Trust, the world's biggest bullion-backed ETF.

- Watch today: US store & home sales, EU consumer confidence.

Have a nice Day !