ForexLive Americas wrap: Euro at highest since February

Forex trading headlines for April 16, 2013: EUR/USD jumps 150 pips to 1.3200 IMF cuts world growth forecast to 3.3% from 3.5% US March CPI 1.5% y/y vs 1.6% expected US housing starts at highest since crisis Fed's Dudley: current level of QE is appropriate Boston Fed gives up call for cut in discount rate minutes Obama says North Korea can't put bombs on rockets Fed's Evans expects ‘tremendous' improvement in labor market next year Draghi: Expect gradual recovery in the second half BOE's King says crisis measures risk central bank independence Italy to hike 2013 borrowing to 450 billion euros from 415 billion Iran hit by 7.8 magnitude quake S&P 500 up 1.4% to 1574 Gold +$18 to $1366 NZD and EUR lead, JPY lags