NZD Strongest and AUD the Weakest Against the USD
Midday Market View
World stocks rallied on Monday on hopes for a coronavirus vaccine after Astra Zeneca resumed its phase-3 trial, but caution lingered before a host of central bank meetings this week.
Sterling, which has been hit by renewed Brexit turmoil, was on firmer ground before a vote on British Prime Minister Boris Johnson's plan to break international law by breaching parts of the Brexit divorce treaty with the European Union.
Midday Key Point
- Eurozone March industrial production comes at 1% vs 4.2% m/m than expected
- GBPUSD recovers some ground before key Commons vote