Remarks by European commissioner for internal market, Thierry Breton
They have been touting this since February and are continuing to stick with that goalpost as we approach May. Perhaps vaccine supply won’t be an issue but the rollout certainly needs to gather pace as most countries in the EU are struggling to even achieve at least

Forex news from the European trading session – 19 April 2021
Headlines:
Markets:
– CHF leads, USD lags on the day
– European equities mixed; E-minis down 0.2%

A bit of a pullback after last week’s rally
European equities are little changed on the day with US futures also meandering after the surge higher on Friday. The market is calm but so far, the dollar slump is overshadowing everything else with stock traders looking less interested on the session.

Bundesbank remarks in its monthly report on the German economy

Dollar gets no reprieve from softer Treasury yields
10-year Treasury yields are keeping with the break below 1.60% as they are seen down more than 2 bps to 1.559% currently. The low today hit 1.550%.

AUD/USD buyers look towards 0.7800 next
AUD/USD is up 0.6% to 0.7780-85 currently and is trading to its highest level since 18 March, as buyers now take aim at the 0.7800 handle.

Learn how to catch more trends by following that simple trading mantra
Many traders look at sideways markets as a time to fall asleep and ignore that market or specific currency pair. In reality, there comes a time in the sideways markets, where you need to become uber aware of the price action. The reason?  Non-trend transitions to trends. 

Forex news for North American trade on April 16, 2021:
Markets:
– Gold up $11 to $1775
– US 10-year yield up 1 bps to 1.58%
– WTI crude oil down 34-cents to $63.12
The impressive reversal in cable on Friday was the main event in the FX market. It slumped down to 1.3717 in Asia but turned around and

Closing changes for the main North American markets
On the week:

Weekly forex futures positioning data for the CFTC for the week ending April 13, 2021
– EUR long 67K vs 68K long last week. Longs trimmed by 1K
– GBP long 26K vs 20K long last week. Longs increase by 6K