UEUR News and Press, Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E480 From 10/05/20

New actions to contain the virus are being taken in the US and Europe, but investors are looking past it and taking equities and risk assets, in general, higher to start the new week. The dollar is under some pressure, falling against all the major currencies, but the Japanese yen and...

A week ago, the dollar's technical condition suggested there was potential for one more push higher in the correction that began on September 1. However, instead, the dollar fell against all the major currencies and many emerging market currencies as well. Many Asian markets were ...

News earlier today that the US President and his wife have tested positive for the COVID-19 virus has injected a new unknown into not only the US election but the markets as well. US shares are around 1.2% lower. European shares have recouped some of the initial sharper losses. ...

In a sign that the ECB is serious about laying the groundwork for a central bank digital currency ((CBDC)), it has applied to trademark the term "digital euro."It's currently preparing a report that will detail the advantages and disadvantages of creating a CBDC for retail use across Europe, ...

US-dollar-denominated exchange reserves - that would be US Treasury securities, US corporate bonds, US mortgage-backed securities, etc. held by foreign central banks - rose 1.9% in the second quarter to $6.9 trillion, according to the IMF's COFER data release. The yen has backed off a...

In China, the official September PMI composite rose to a new high of 55.1 from 54.5. Following Germany and Spain yesterday, Italy and France have also reported lower-than-expected HICP September inflation readings. Oil prices skidded lower, with both Brent and WTI falling to two-w...

Tensions over stimulus are not only playing out in the U.S. The EU's economic recovery package, which includes €750B in jointly-backed debt and a €1.07T common EU budget, is in trouble due to differences between member states over democratic standards."We observe with concern th...

A consolidative tone continues across the capital markets. Equities have lost their momentum. The dollar is in narrow ranges, mostly a bit softer, led by the Antipodeans and British pound, which has been resilient in recent days. The liquid accessible emerging market currencies, l...

EUR/CAD is trading significantly higher in late-September 2020, relative to the start of the year. These higher prices follow the emergence of the COVID-19 pandemic, which has sent oil prices tumbling. Even with relative oil market stability at present, oil prices remain low and a...

The US dollar had one of its best weeks in months. Euro: The single currency fell for the second consecutive week, the first back-to-back loss in Q3. Ahead of the weekend, the Australian dollar, like sterling, traded on both sides of the previous day's range. After rallying al...