UEUR News and Press, Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E480 From 12/09/20

The Johnson-von der Leyen dinner is seen as evidence that both sides see one more opportunity, and the sterling is among the strongest currencies today. Hopes of a $900 bln+ fiscal stimulus package in the US helped stir animal spirits and lift US stocks to record highs yesterday. ...

The greenback is mixed. The euro, Swiss franc, and Canadian and Australian dollars and the euro enjoying small gains. Sterling is heavy but calmer than yesterday, and the Swedish krona is matching its decline. For further details see: Consolidative Moment As Markets Wait...

Fueled by a surge in exports, China recorded a $75.4 bln trade surplus, which appears to be the highest ever. The euro has risen to about GBP0.9135, its best level since October 20. This area holds the retracement of the euro's decline since peaking a little below GBP:0.9300 on Septem...

The dollar's decline accelerated and broadened last week. It convincingly broke out of its recent ranges. The recent string of economic data suggests that while US activity has moderated and the recovery continues, Japan and Europe may be experiencing a new contraction. Strategica...

As widely expected, the Reserve Bank of India kept its key rate steady at 4%. The repo rate began the year at 5.15%, and it was cut to 4.0% in two steps by May, where it has stood. Sterling wobbled following the UK claims that the EU was adding last-minute demands in its negotiations....

Hungary and Poland have been blocking the EU's seven-year budget and its post-crisis recovery for weeks, stopping nearly €2T from reaching member states, but the bloc may soon be moving on without them.At issue: Payouts from the budget would be suspended to a country if a weighted majo...

Australia's service and composite PMIs were revised higher from the flash readings that already had shown improvement over October. The eurozone's service and composite PMIs were revised a little higher but do nothing to assuage fears that it is contracting here in Q4. In the U.S....

The selling pressure that drove the dollar lower yesterday has abated, and the greenback is paring yesterday's loss, though the dollar-bloc currencies are showing some resilience. EC negotiator Michel Barnier briefed ministers that the same three issues that have bedeviled the trade t...

The euro has experienced a significant rally in the past 8 months in this weak USD environment, rising from a low of 1.0640 in mid-March to 1.20 this week. Central banks will certainly not let their exchange rate appreciate indefinitely, as a strong currency tends to weigh on inflatio...

Stocks bounced back, and the US dollar is heavy, with few exceptions. The euro remains within striking distance of the $1.20-level and sterling flirted with $1.34. Emerging market currencies broadly are recovering, and the South African rand and Hungarian forint are leading today'...