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Currency Market

By in Markets on September 19, 2020
MARKETS • Currencies
After a bitcoin crackdown, China now calls it an 'investment alternative' in significant shift in tone
April 19, 2021
China called bitcoin an "investment alternative" marking a significant shift in tone after regulators cracked down on cryptocurrency trading in 2017.
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XE Market Analysis: Asia - Apr 16, 2021
April 16, 2021
FX trade was very light in N.Y. on Friday, with narrow ranges the case for most major Dollar pairings. The DXY matched Thursday's one-month low of 91.49 early in the session, later heading to 91.59 highs. Incoming data was slightly supportive of the USD, though ultimately had little impact. March housing starts were much stronger then expected, while preliminary April consumer sentiment rose, but not as much as forecast. Wall Street saw the Dow and S&P print fresh record highs, while the NASDAQ underperformed some.
XE Market Analysis: North America - Apr 16, 2021
April 16, 2021
The dollar has managed to find a toehold, rising above its prior day high for the first time in nine days today by the measure of the narrow trade-weighted FX index, which printed a three-day high at 91.82. The high marks an extension of the rebound from yesterday's one-month low at 91.49. The low was concomitant with the 10-year Treasury note yield hitting a five-week nadir at 1.53%, which extended the yield correction from the highs seen in late March to some 22 bp. The 10-year yield today lifted, by more than 6 bp at the highs.
XE Market Analysis: Europe - Apr 16, 2021
April 16, 2021
The dollar has managed to find a toehold, rising above its prior day high for the first time in nine days today by the measure of the narrow trade-weighted FX index, which printed a three-day high at 91.82. The high marks an extension of the rebound from yesterday's one-month low at 91.49. The low was concomitant with the 10-year Treasury note yield hitting a five-week nadir at 1.53%, which extended the yield correction from the highs seen in late March to some 22 bp. The 10-year yield has since lifted by nearly 6 bp from the lows.
US Dollar Index

US Dollar Currency Index
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Currency Insights
Crude Oil Prices Retreat after Big Rally as Traders Await Fresh Catalysts
April 19, 2021
Crude oil prices retreated for a second day after registering big gains last week. Uneven vaccine progress around the globe and surging infections in India remain threats to energy demand.
Gold Prices Extend Higher on Chinese Demand Boost, Falling Yields
April 19, 2021
Gold prices edged higher as Treasury yields fell. China has given banks permission to import large amount of gold to meet domestic demand ahead of the “Golden Week” holiday.