The US Dollar finished strong as the Dow Jones and gold prices declined, but a dovish Fed risks undermining its progress. The British Pound could be in for a volatile week given key local risks. US…
Germany reportedly to seek easing restrictions on those vaccinated by Friday
Bild reports on the matter
This was already floated at the end of last week via German health minister, Jens Spahn, who said at the time that the government is looking at ways to exempt people who have been vaccinated or recovered from COVID-19 from current restrictions.
This was already floated at the end of last week via German health minister, Jens Spahn, who said at the time that the government is looking at ways to exempt people who have been vaccinated or recovered from COVID-19 from current restrictions.
EUR/USD holds slightly higher on the day but key technical levels still in play
EUR/USD trades at the highs today, up 0.3% to 1.2055 currently
The 100-day moving average is seen @ 1.2051 today and will be a key point of contention to watch but further resistance is still seen from the key hourly moving averages, which are seen @ 1.2070-85. Keep below that and sellers stay in near-term control.
The 100-day moving average is seen @ 1.2051 today and will be a key point of contention to watch but further resistance is still seen from the key hourly moving averages, which are seen @ 1.2070-85. Keep below that and sellers stay in near-term control.
German 10-year bund yields at their highest since March last year
10-year bund yields rise to -0.163% at the highs today
That is the highest since March last year as yields take out the highs from last Thursday at -0.178% at the time. There is a bout of optimism starting to flow in Europe as vaccinations slowly but surely gather pace and .
That is the highest since March last year as yields take out the highs from last Thursday at -0.178% at the time. There is a bout of optimism starting to flow in Europe as vaccinations slowly but surely gather pace and .
EU proposes to ease restrictions on non-essential travel into the bloc for those who have been vaccinated
European Commission announces with the proposal
The EU is proposing member states to ease non-essential travel restrictions into the region by taking into account progress of vaccination campaigns and developments abroad, notably allowing for persons residing in a country with a „good epidemiological situation“ to enter and also those who have received the final dose of
The EU is proposing member states to ease non-essential travel restrictions into the region by taking into account progress of vaccination campaigns and developments abroad, notably allowing for persons residing in a country with a „good epidemiological situation“ to enter and also those who have received the final dose of
Dollar keeps more mixed so far on the session
Dollar trails slightly behind the euro, pound but gains against the yen, loonie
It has been a relatively quiet start to May proceedings as holidays in Japan, China, and now UK are keeping the market more tepid so far today.
It has been a relatively quiet start to May proceedings as holidays in Japan, China, and now UK are keeping the market more tepid so far today.
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