Free Trial
US EURODLR OPTIONS

Sep Quarterly Call Fly

OUTLOOK

Monday-Tuesday Data Calendar

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
FOREX
FOREX: Fun at the fix
- The much-watched April month-end fix delivered in spades Thursday, with
markets following through on signals that suggested the USD would be sold vs.
G10. Just ahead of the fix, GBP/USD and EUR/USD printed session highs, although
the JPY was sold in size also, helping EUR/JPY and USD/JPY snap recent
downtrends.
- The ECB decision came and went with relatively little fanfare, there were some
tweaks to existing programmes but markets welcomed the announcement of special
pandemic-targeting loads dubbed 'PELTROs'. CNH was lively at the European close
as the Washington Post released a story confirming that  Trump is looking at
ways to take retaliatory action against China for allegedly mishandling the
initial Coronavirus outbreak. USD/CNH rallied above 7.08 in response.
- May Day celebrations in continental Europe keep a number of markets closed and
will likely have a dampening effect on volumes and liquidity. US ISM
Manufacturing data for April is the calendar highlight, but there are also final
manufacturing PMIs from US, Australia and UK.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.