Forex news for NY trading on March 19, 2021.
In other markets:
– Spot gold is trading up $6.87 or +0.39% at $1743.20
– Spot silver is up $0.12 or 0.46% $26.20

Stimulus checks and momentum
I about weekend effects in the price of bitcoin.
wrote last weekend
Reader Michael Goodwell was kind enough to break down recent returns by the day of the week.

Nasdaq higher. S&P and Dow lower.
The rotation out of the Nasdaq and into the S&P and Dow was reversed today. The Nasdaq is the big winner. The Dow is the big loser and the S&P is in between those two indices. 

Forex news from the European morning session – 19 March 2021
Headlines:
Markets:
– JPY leads, EUR lags on the day
– European equities lower; S&P 500 futures up 0.2%

The target set by BofA is for the year-end
This just adds to the slew of higher forecasts for bond yields since the turn of the year as the reflation focus stands out as being the major theme in the market so far.

Well, they might be quite well behind the curve in that case
But what else is new in Europe. *scoffs* That said, most major central banks are still some ways off from exploring this path. The closest is arguably China as they have already rolled out real-world trials in a number of cities already for a

Comments by STIKO
This follows the EMA conclusion .
here
While there is still some acknowledgment to potential blood clots, one can’t help but wonder how much of this drama was meant to be a political statement at trying to get back at AstraZeneca amid the pharmaceutical firm’s dispute with the EU.

The dollar is holding up decently so far in European trading
The greenback was mildly softer early on but is now keeping steadier as we navigate through some light push and pull in European morning trade today.

BOE announces its latest monetary policy decision – 18 March 2021

Forex news from the European morning session – 18 March 2021
Headlines:
Markets:
– AUD leads, CHF lags on the day
– European equities higher; S&P 500 futures down 0.5%