Daily Morning Report 31.03.2017

The dollar edged lower Friday after breaking solidly through the 100 mark on the back of upbeat U.S. growth.

U.S. Q4 GDP annual growth was revised up more than expected to 2.1% from a preliminary estimate of 1.9%.

Fed member William Dudley said Thursday the risks to U.S. growth and inflation had shifted to the upside.

Fellow Fed member Robert Kaplan backed the base case scenario of two more rate hikes this year.

The euro steadied below the $1.07 mark ahead of euro-zone CPI figures.

Sterling edged lower as Scotland formally requested a second independence vote.

The dollar fell 0.08% to ¥111.84 yen after in-line Japan CPI, household spending fell more than forecast.