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Yen Jumps; Kiwi Soars, RBNZ Seen Raising Rates; USD Longs Bail Summary: A surprisingly soft read of a US consumer confidence measure saw bond yields and the Dollar retreat as long bets bailed on Frida
EUR 23.1 billion, missing median estimates at EUR 20.3 billion. 1.76 million (f/c 1.77 million). GBP/USD – soared above the 1.4200 level following upbeat UK Jobs data. The British Pound hit an overnight and February peak at 1.42202 before easing to close at 1.4186. UK Prime Minister Boris Johnson eased several restrictions on Monday despite fears of a rise in a new Indian variant of Covid infections. EUR/USD – The Euro extended its rally against the Greenback, finishing as best performer among the majors. EUR/USD traded to 1.2234 overnight, near 3-month highs, before easing to settle at ...