URR News and Press, Morgan Stanley ZC SP REDEEM 30/04/2020 USD 40 From 10/09/20

As a recent standout in currency markets, the Invesco CurrencyShares Euro Trust ETF has gained nearly 10% since March 20th, 2020. But these types of short-term gains can also have their consequences, and the ECB might be forced to delay normalization in interest rate policy. Since...

Chinese markets re-opened with a bang. Shanghai led the Asia Pacific bourses higher with a 1.7% gain, and the onshore yuan rose 1.1%. Gold has rallied more than 1% today to about $1916, putting it within striking distance of the week's high set on October 6 near $1921. For furth...

Japan reported a larger than expected balance of payments surplus in August of JPY2.1 trillion. Within it, the trade surplus rose to JPY413 bln, the largest since March. The RBNZ recognized that its dual mandate on inflation and employment is elusive and would not be met for at least ...

President Trump's tweet announced that negotiations with the House Democrat leadership had collapsed, and there will be no further talks until after the election. Many economists had been removing it from their Q4 GDP projections, but the market was caught wrongfooted. Risk came off. ...

Market moves have stalled. The MSCI Asia Pacific Index did manage to extend Monday's gains, but other markets are heavier. he dollar initially extended its loss but recovered after several key chart points were tested, including $1.18 in the euro, $1.30 in sterling, and $0.7200 in the...

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...