There aren’t any major expiries on the board for today and that is very much expected given that it is Easter Monday. As such, just be wary that liquidity conditions remain thin with major markets still closed in Europe today. That should also exacerbate the flows to start the week, not just in major currencies but all around markets including gold and risk.
For now, the theme from the previous weeks is carrying over with dollar selling starting to ramp up. Meanwhile, equities are down while gold continues to soar with the precious metal hitting another fresh record high of $3,385. Just be wary that long-end Treasuries are also being dumped again and that will be another pressure point for broader markets.
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