FX possibility expiries for 21 April 10am New York lower

There are not any main expiries on the board for immediately and that’s very a lot anticipated on condition that it’s Easter Monday. As such, simply be cautious that liquidity circumstances stay skinny with main markets nonetheless closed in Europe immediately. That also needs to exacerbate the flows to start out the week, not simply in main currencies however throughout markets together with gold and danger.

For now, the theme from the earlier weeks is carrying over with greenback promoting beginning to ramp up. In the meantime, equities are down whereas gold continues to soar with the dear metallic hitting one other recent document excessive of $three,385. Simply be cautious that long-end Treasuries are additionally being dumped once more and that will likely be one other strain level for broader markets.

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This text was written by Justin Low at www.ubaidahsan.com.



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