Monthly Archives: April 2021
Reflation trade kicks on
Written on April 30, 2021 at 6:17 am, by jamie
Overnight Headlines *USD gained against most of its peers on data showing accelerating US recovery *US stocks close at all-time highs, Amazon’s stellar results adding to positive sentiment *Higher bond yields in focus, Eurozone and German GDP released this morning USD rebounded off a two-month low of 90.42 on the USDX as EUR/USD’s ascent got […]
Can US GDP pause the dollar decline?
Written on April 29, 2021 at 6:35 am, by jamie
Overnight Headlines *US stock futures hit new record highs after patient Fed and robust Big Tech earnings *USD weakens as Powell in no rush to withdraw uber-accommodative policy *Q1 US GDP consensus at 6.8% with more to come in Q2 USD softened overnight with a bearish engulfing candle pointing to more losses after traders took […]
Don’t fight the Fed?
Written on April 28, 2021 at 6:52 am, by jamie
Overnight Headlines *US stocks were muted and mixed, cautious trading in Asia *USD gained for the first time in three sessions, higher yields helping *FOMC expected to pause and be patient at today’s meeting USD is trading just above 91 on the USDX as commodity dollars saw some profit-taking overnight after this week’s strong performance. […]
We’re increasing the available leverage on our Indices
Written on April 28, 2021 at 3:45 am, by daniel
At Vantage we continually aim to enhance the products and services we offer all clients. That is why we are proud to announce that as of 3 May 2021, we will be increasing the leverage of all our Indices products, which means now all Vantage Indices are available at 333:1 leverage. The leverage adjustments are as follows. […]
Surging commodities help AUD
Written on April 27, 2021 at 6:30 am, by jamie
Overnight Headlines *US stocks climbed to record highs, energy and materials led the gains *USD rose off an eight-week low ahead of tomorrow’s FOMC *BoJ left main policy measures unchanged, JPY unmoved USD picked itself off the floor and gained against the swiss Franc and yen in quiet trade as investors consolidated positions ahead of […]
EUR/USD touches 1.21, IFO in focus
Written on April 26, 2021 at 6:41 am, by jamie
Overnight Headlines *US stocks close near their highs after strong data boosts market mood *USD shunned as global recovery story gains momentum *EUR bulls looking to German business survey (IFO) to boost sentiment US equity futures are modestly in the green after a strong close last week pointed to the economic recovery story getting back on […]