Forex news from the European trading session – 20 April 2021
Headlines:
Markets:
– AUD leads, JPY lags on the day
– European equities lower; E-minis down 0.4%

Mainhichi Shimbun reports on the matter
This comes as virus infections are on the rise in Japan, with Tokyo having reported 711 new cases today – the highest tally since 26 January. The move by the Japanese capital comes after Osaka made a formal decision to request a state of emergency declaration as well after having

S&P 500 futures down 0.4%
The shift in the risk tone here also sees Treasury yields fall back below 1.60% now with the dollar trimming declines in the major currencies space.

It is shaping up to be a rather mixed session so far
The dollar is holding its ground in the past hour or so as it sees its declines trimmed on the day, with EUR/USD moving away from 1.2080 to 1.2050-60 levels while GBP/USD is down a touch to 1.3980 levels from around 1.4000 earlier.

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.