Wednesday, 31 March 2021
In this week's QSL Market Update:
- General macro-economic weakness, as well as rising COVID-19 cases and lockdowns throughout Europe, have given a boost to the US dollar (USD) and triggered risk-off sentiment in global markets
- In Brazil, Petrobras announced a second reduction in gasoline prices in as many weeks
- US dollar strength saw the Aussie (AUD) retreat across the week down to a low of 75.63 US cents, moving close to the bottom of the wider 75-80 US cent range the currency has been trading in
To read our full QSL Market Update, please click here.