FX Update: Sterling rises on fiscal stimulus hopes
Most currencies are taking their orders from intermarket signals, as commodities have bounced and risky assets continue to look beyond the Covid-19 virus impact. Some of the first more significant data showing the virus impact outside of China up later this week. Meanwhile, sterling strength is one of the few developments of note within G10 FX.
COT: Euro selling drives dollar long to new 2020 high
Commitments of Traders report covering speculative positions and changes in FX, bonds and stocks in the week to February 11.
Global Markets: Lucky 8, As We Look Into Next Week...
We take a look at the upcoming WK #8, which will have flash PMIs, inflation out of the euro-zone, the United Kingdom & Canada, as well as rate decisions our of Indonesia, Hong Kong & Turkey. Bear in mind the US will be out on the long wkd given President's day on Mon.