UEUR News and Press, Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E480 From 01/07/21

The dollar is having its best day in around a week, firmer against all the major and most of the emerging market currencies today. The euro's three-day rally has been halted even though German factory orders surprised on the upside. All the markets in the Asia-Pacific but Hong Kon...

European shares are doing better and have recouped yesterday's 0.2% decline and the Dow Jones Stoxx 600 is challenging the week's high. US shares are mixed, with the NASDAQ suffering most. The S&P is about 0.5% lower, while the Dow futures are up by nearly as much. Gold is fir...

The MSCI Asia Pacific Index extended its advance for an eighth consecutive session, and European shares are little changed, caught between rising energy and falling utilities. The dollar is softer, with the Antipodeans and Swedish krona leading. Gold is pushing toward $1950 after ...

The manufacturing PMI for the eurozone slipped to 55.2 in December from the flash reading of 55.5, but the takeaway is that it is at its highest level since May 2018. In the U.S., the highlight of the week is the employment report on January 8. A sharp slowdown (some are warning of an...

Dollar: Three dates in the coming weeks stand out. Europe finished 2020 with several successes. The dollar fell by 1% in December against the yen. The Canadian dollar was the worst-performing major currency in 2020. Nearly half of last year's 9.5% appreciation of the Austr...

Dollar-denominated global foreign exchange reserves do not include the Fed's own holdings of dollar-denominated assets that it bought as part of its QE. The euro's share has since been stuck in the range between 19.5% and 20.6%, though the eurozone now comprises 19 member states. ...

Between February 23 and March 31, the dollar’s fluctuation against major currencies was trendless. The GBP lost 5.12 percentage points against the dollar, and the JPY fell by 4.21%. Meanwhile, the euro rose by 1.61%. The SWF's slight slump (-1.54%) reinforces the hypothesis tha...

The "strong dollar policy" was never about the exchange rate per se. It was a pledge to investors and creditors that the US would not seek a weaker dollar to secure trade advantage or reduce its debt burden. China closely manages its exchange rate. Too much, and too opaque for most ob...

The US dollar is firmer, stocks are struggling, bond yields are higher, and gold and oil are consolidating. European stocks are slightly higher, as it tries to extend the gains for a fifth session, during which time it has gained almost two percent. Gold's recovery from the low ne...

The prospects of a UK-EU deal and US stimulus continue to underwrite risk appetites and weigh on the dollar. The dollar has lurched lower against nearly all the world currencies today. Gold is shining in the weak dollar environment. For further details see: Dollar Thumpe...