The update to the Euro Area’s CPI may do little to influence EUR/USD as the ECB continues to ramp up the pace of the pandemic emergency purchase programme (PEPP).
Wall Street pulled off a recovery into the weekend as equities in parts of the Asia Pacific region wobbled. The US Dollar appears to be regaining upside momentum, leaving gold…
US hedge fund Archegos Capital Management is said to have been forced to liquidate several large blocks of stock last week to meet mounting margin calls
The British Pound is treading water against the US dollar as the bank-holiday shortened week opens with the market still underpinned by the ongoing success of the UK vaccination program
The forced liquidation of billions of dollars’ worth of US shares, and talk of tax hikes from the Biden administration may gnaw at market sentiment and weigh on US benchmark…
Crude oil and gold prices are under pressure as big-splash liquidation at US fund Archegos Capital Managementspooks the markets and boosts the US Dollar.
The US Dollar gained against most ASEAN currencies amid volatility in Chinese and Emerging Market equities. Ahead, USD/SGD and USD/THB are eyeing NFPs as the Fed ends SLR exemptions.