Thursday was marked by a sharp weakening of the $ by -0.4% towards 1.2060/E while the yield of T-Bonds eased by -2.5Pts towards 1.5600/1.5580%. Eurozone consumers continue to shop despite ongoing restriction measures. The Dollar also weakened quite clearly against the Swiss Franc (-0.5% to 0.9075) and the Canadian Dollar (-0.6% to 1.2190).
The Pound climbs only +0.2% (to 1.388) while the Bank of England, forecast at lunchtime turns out to be unsurprising. It maintains its key rate at 0.1%, a decision taken unanimously by its members. The institution has also decided to maintain its government bond purchase program at £875 billion, or a total of £895 billion including non-financial corporate bonds with investment credit ratings.