XE Market Analysis: North America – Mar 26, 2021

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The dollar bloc currencies returned to the outperforming lane amid a rebound in global stock markets. Oil and base metal prices also rose. The pan-Europe Stoxx 600 equity index rose over 0.5% during its morning session, while the MSCI Asia-Pacific stock index earlier rallied 1.5%, lifting out of a three-month low yesterday. U.S. stock index futures were showing gains of around 0.3% as of the late morning in London. Data including today’s much better than expected German Ifo business confidence survey and yesterday’s one-year low in U.S.