URR News and Press, Morgan Stanley ZC SP REDEEM 30/04/2020 USD 40 From 01/11/21

The dollar is enjoying a firmer tone to start the new week, gaining against all the major currencies and most emerging markets today, building the gains seen at the end of last week. Risk appetites have waned today. US shares are trading heavier. Most equity markets in the Asia-Pa...

The US election in early November was an inflection point. While our medium-term expectation for the dollar to resume its decline remains intact, we anticipate a near-term correction. The dollar fell for the second consecutive week against the Chinese yuan and traded at levels not...

US shares are trading higher after the major benchmarks rallied to new record highs yesterday. Europe’s Dow Jones Stoxx 600 is at its best level today since last March and is posting gains for the fourth consecutive week. The MSCI Asia Pacific Index gained today and is up i...

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...