Die Regulatoren der EZB kündigen an, Banken in diesem Jahr strenger zu überwachen. Halten sich Banken etwa nicht an die Anforderungen zu Klimarisiken, seien auch Zwangsgelder vorgesehen.Markets:
It was a slower session after a busy Tuesday yesterday, as markets are waiting on the FOMC meeting later today.
The dollar is keeping firmer across the board with traders seemingly positioning for more of a hawkish hold perhaps. 10-year Treasury yields holding near 4.30% still is also a factor underpinning the greenback since last week. Besides that, softer UK and Canada inflation, a sell the fact play on the BOJ, and a dovish RBA makes for a couple of reasons why traders are still favouring the dollar this week.
USD/JPY continued to race higher to 151.80 as it eyes its 2022 and 2023 highs of 151.90-94 ahead of the Fed. Meanwhile, EUR/USD is contesting its 200-day moving average again as it is down 0.2% to 1.0840. GBP/USD is also marked down by 0.2% to just under 1.2700 currently.
Looking at the commodity currencies, USD/CAD is retesting the 1.3600 mark once again after offers resisted a break of the figure level yesterday. And AUD/USD is down 0.2% to 0.6515 and closes in on a potential test of the 0.6500 mark.
In the equities space, French luxury stocks are the ones lagging in Europe after Kering warned of a 10% revenue slide in Q1. Other regional indices are more mixed with US futures also just marginally higher as equities keep little changed in general.
Bitcoin was a decent mover as the volatile swings continue in the last one week. It fell to a low of $60,780 before recovering back to just above $63,000 now on the day.
Over to the Fed now.
This article was written by Justin Low at www.forexlive.com.
The average rate of the most popular US home loan surges higher by 13 bps in the past week, nearing the 7% mark again. That put a bit of a drag on mortgage applications, with both purchases and refinancing activity slipping lower.
This article was written by Justin Low at www.forexlive.com.