URR News and Press, Morgan Stanley ZC SP REDEEM 30/04/2020 USD 40 From 12/13/20

There had been a flurry of official comments when the euro initially probed $1.20 in early September, and Japanese officials fretted when the dollar fell below JPY104 in November. However, the continued weakness of the dollar has been greeted with a near-nonchalance attitude subsequen...

The odds of a UK-EU agreement and new stimulus before year-end in the US have faded and are sapping risk appetites ahead of the weekend. The dollar had held above JPY104 for the past two sessions, but yesterday recorded a bearish shooting star candlestick. European officials have ...

China is retaliating against the US by sanctioning diplomatic passports and revoking visa-free travel to Hong Kong and Macau. Japan reported producer prices were flat in November and off 2.2% year over year. The dollar reached a six-day high against the Japanese yen just below JPY...

Fresh Brexit talks aren't the only thing happening in Europe. It's a big day for the continent as a whole in terms of economics.The ECB is poised to deliver another blast of monetary stimulus to carry the eurozone out of the pandemic, adding €500B to the Pandemic Emergency Purchase Pro...

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...