[MARKET UPDATE] DXY at fresh lows and tests 100 to the downside (Friday's low at 99.95), whilst equity, crude, and fixed income futures remain stable
The DXY's fresh lows highlight a significant weakening of the dollar, particularly as it approaches a key psychological level at 100.
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[MARKET UPDATE] DXY at fresh lows and tests 100 to the downside (Friday's low at 99.95), whilst equity, crude, and fixed income futures remain stable
Iran and US presented with draft proposal that includes 45-day ceasefire, Strait of Hormuz opening, two officials tell AP
[DESK UPDATE] Easter Schedule: Given the ongoing Middle East conflict, the desk will operate as usual on Monday (April 6th).
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This depreciation may influence risk sentiment positively, keeping equity and crude futures stable in the short term, but watch for potential pressure on fixed income as the market reassesses rate expectations in response to dollar weakness.
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