EUR/USD  USD/JPY  USD/CAD ForexLive

A sign of the times Adding that the move is to avoid the recent turmoil that hit all asset classes and that the fund started cutting positions around 10 March and completed the move within a few days. Amid the 'sell everything' mood in the market, risk-parity trades have had a rough time:

Daily thread to exchange ideas and to share your thoughts The market has been brushing aside central bank and government action for the most part over the past three weeks but with the ECB launching a bazooka and the Fed going nuclear, it is getting a bit hard to ignore the recent interventions.

The ONS has changed their schedule for market-sensitive economic data releases from 0930 GMT to 0700 GMT here ForexLive

Risk is faring better as the US reaches a stimulus agreement ForexLive The dollar continues to sit at the bottom but is accompanied by the yen and franc on the day, as risk is keeping more optimistic to start European trading.

Latest data released by ONS – 25 March 2020 – +1.8% – CPI +0.4% vs +0.3% m/m expected – Prior -0.3% – Core CPI +1.7% vs +1.5% y/y expected – Prior +1.6% ForexLive

Some news unrelated to coronavirus for a change.  The aviation sector is not queuing up for new planes right now though. ForexLive

Mnuchin and Senate Dems leader Schuman  – negotiations continue. CNN report — But, when is the vote?  The latest is there will not be one this evening (US time)

Bloomberg report citing an internal Apple memo You'll recall Apple has closed all its stores globally (excluding China, which reopened in March after closure)

Fox citing unnamed sources for the report:   Link here for more At his briefing earlier President Trump once again said he'd like to bring the economy fully back on line by Easter. There does seem to be a disconnect between what officials in this administration are saying and doing privately and what they are […]