Forex markets have been directionally unambitious so far today. EUR-USD lifted to a high of 1.1258, surpassing Friday’s peak by 12 pips, before settling back under 1.1250. The pair remains down by near 1% from week-ago levels, thanks to the losses seen in the wake of the ECB’s unexpected decision for another blast of TLTRO lending. USD-JPY printed a two-session high at 111.30. Stock markets have mostly traded modestly higher, paced by a 1.9% rally by China’s SSE index today amid the expectation for more economic stimulus.
Recent News
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- Trump and Zelenskiy meet one-on-one in Vatican basilica to seek Ukraine peace
- TikTok to enter Japan's e-commerce industry, Nikkei reports
- Young Canadians favor Conservatives in election despite Trump threat
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- Factbox-Major cases involving Trump before the US Supreme Court
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- US judge skeptical about Trump defense of Education Department layoffs
- NASA administrator was once arrested, accused of passing bad checks to casinos
- Ex-Taliban commander pleads guilty to taking US journalist hostage
- Loeb's Third Point builds stake in Band-Aid maker Kenvue
- Migrants deterred by Trump's border crackdown wait for UN help to return home
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- Calian appoints Eric Demirian to its board
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- Trump signs executive order boosting deep-sea mining industry
- T-Mobile wireless subscriber growth misses estimates as competition heats up
- BOJ will keep raising rates if inflation converge toward 2%, governor Ueda says
- Fed Kashkari cites trade policy uncertainty as a risk to jobs
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- Complaints about ransomware attacks on US infrastructure rise 9%, FBI says
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- Ethereum Climbs 10% In Bullish Trade
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- M&T Bank Corporation to Participate in the Barclays Americas Select Franchise Conference
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- Tesla salvages first-quarter profit margins as car sales skid
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- ExxonMobil to Release First Quarter 2025 Financial Results
- Baker Tilly and Moss Adams to merge, forming sixth-largest US advisory CPA firm
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