Euro Set for Biggest Drop Since Mid2019; Yen Shorts Grow

The euro languished below 1.18 on Monday as the prospect of tougher coronavirus curbs in France and Germany weighed on the shortterm outlook for the European economy. The euro slipped 0.2 in London trading at 1.1774, nearing last weeks fourandahalfmonth trough of 1.1762. On a monthly basis, it is down 2.3, its biggest drop since […]
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Bilibili Shares fall 2.2 in Hong Kong Trading Debut

HONG KONG Reuters Chinese online video site Bilibili Incs shares fell 2.2 at market open to HK790 from the companys secondary listing price when the company started trading in Hong Kong on Monday. The firm raised HK20.2 billion 2.6 billion after pricing shares at HK808 each last week. Hong Kongs Hang Seng Index is down […]
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AUD, NZD Extend Losses as U.S. Recovery Supports Greenback

SYDNEY, March 29 Reuters The Australian and New Zealand dollars extended last weeks losses on Monday as the strength of the U.S. economic recovery and the relative success of its vaccination programme lured traders to the greenback. The Australian dollar dropped 0.27 to 0.7621 after authorities on Monday announced a snap threeday COVID19 lockdown in […]
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AUD Up, JPY Down in Subdued FX Trading; Gov. Waller Speech

Rates as of 0500 GMT Market Recap Not much movement in the currencies since Friday morning. The standout feature, such as it is, is the further decline in the yen. This seems to be driven by positioning as speculators go increasingly short the currency. The Commitment of Traders report shows that speculators have turned aggressively […]
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