DEUR News and Press, Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E571 From 11/04/20

The dollar, which fell on Tuesday, is recovering smartly today. It has risen against nearly all currencies. Among the majors, the Australian dollar has been hit the hardest; the Swiss franc is the strongest, and virtually flat. Emerging market currencies have seen some dramati...

The US dollar is heavier against the major currencies. The euro looks to snap its six-day slide, as does the JP Morgan Emerging Market Currency Index. The Turkish lira remains under pressure despite its slightly less than expected rise in CPI. The Reserve Bank of Australia did...

The dollar is firmer, though not against the dollar bloc. Sterling is the weakest of the majors, though it is recovering. The euro fell in every session last week and extended those losses today. For further details see: Shaken Not Stirred

EUR/USD has most recently conceded some of its new-found strength this year. Some are therefore questioning the euro's new-found strength. However, history and data show that the euro has, broadly speaking, performed well since its inception (in spite of euro skepticism). The coll...

Investors have been locked in deep thought over the impact of the U.S. presidential elections, which seems to converge on trying to price in the consequences of a Biden victory. If markets can’t figure out how a Democratic sweep will impact the dollar and bonds, it’s dif...

We believe it’s still important for investors hedging currency risk to remain aware of the cross-currency basis - as a cost or a potential benefit of hedging. The cross-currency basis is the excess premium (or discount) factored into the quoted price of a basis swap (or an FX f...

The dollar had been trading heavily, but it seemed as we entered the last week of October that it was unreasonable to look for a downside breakout given the new acute contagion in Europe and what by all accounts would be a dovish ECB press conference. The one-two punch of the escalate...

The Dow Jones Stoxx 600 dropped almost 3% yesterday, but today is trying to snap a three-day 5.7% slide that brought it to five-month lows. The S&P 500 gapped lower yesterday and settled on its lows. US shares are trading firmer. The greenback is mostly firmer, though the yen ...

Volatility has been rising across all asset classes amid the uncertainty over US elections and a new round of lockdowns. As expected, the US dollar responded positively to the rise in VIX these last few days. We continue to favor risk-off currencies - JPY and USD - in the current ...

Several European countries are experiencing the most fatalities and illnesses in several months, and policymakers are responding with national restrictions. Australia's Q3 CPI was a touch firmer than expected at 0.7% year over year. It is up from the -0.3% rate in Q2. The Canadian...