• The Omicron fears and the safe-haven currencies

    The Omicron fears and the safe-haven currencies

    Dec 1 • 131 Views • Comments Off on The Omicron fears and the safe-haven currencies

    On Wednesday, riskier currencies rose from recent lows, while safe-haven currencies like the yen fell against the dollar as Asian markets relaxed their concerns over the Omicron variant. CNY’s new highs In the aftermath of better-than-expected...

  • Fed Chair remains hawkish, Yen highs and Aussie slumps

    Fed Chair remains hawkish, Yen highs and Aussie slumps

    Dec 1 • 111 Views • Comments Off on Fed Chair remains hawkish, Yen highs and Aussie slumps

    After Federal Reserve Chair Jerome Powell indicated a rapid reduction of stimulus despite the dangers surrounding the Omicron COVID-19 variant, the safe-haven yen stayed firm on Wednesday. At the same time, the risk-sensitive Australian dollar fell to a...

  • Daily Forex Round Up: Aussie and Kiwi dips, Yen climbs, and uncertain USD

    Daily Forex Round Up: Aussie and Kiwi dips, Yen climbs, and uncertain USD

    Nov 30 • 118 Views • Comments Off on Daily Forex Round Up: Aussie and Kiwi dips, Yen climbs, and uncertain USD

    Something surprising happened this Tuesday Asian afternoon, Risk-sensitive currencies slid, and safe havens gained. It took things in the opposite direction after Moderna’s CEO said that it is unlikely that the COVID-19 vaccines will be as effective...

  • Dollar rises amid economic optimism

    Dollar and major currencies pullback after Omicron shocks

    Nov 29 • 183 Views • Comments Off on Dollar and major currencies pullback after Omicron shocks

    The dollar edged higher, the euro fell, and the yen steadied on Monday as currency markets reversed some of Friday’s moves, calming after the initial shock of discovering a new coronavirus variant. The Omicron shocks Initially discovered in South...

Recent Posts
Recent Posts

Between The Lines