Wednesday, December 1, 2021

ECB’s de Guindos: Impact on economy of new variant will be smaller than in...

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European Central Bank Vice President Luis de Guindos said on Friday that, despite worry about the new Covid-19 variant, he thinks the impact on...

S&P 500 Index: Close below 4673 to further increase downside pressure – Credit Suisse

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Prior to the ‘risk-off’ seen overnight economists at Credit Suisse had already been looking for a correction lower. This ‘risk-off’ phase has the potential...

Turkish President Erdogan: There’s no turning back from the new economic programme

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Turkish President Recep Erdogan said that there is no turning back from the new economy programme on Friday, according to Bloomberg. Interest rates will...

EUR/JPY remains depressed below 129.00 as risk-off dominates

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EUR/JPY’s weakness hast retested recent lows around the 128.00 level. New strain of COVID heavily weighs on investors’ sentiment. The Japanese yen surges...

USD/JPY: Close below 114.12/02 to open up the 112.80/73 mark – Credit Suisse

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USD/JPY is seeing a sharp pullback in line with the ‘risk-off’ phase emerging. Analysts at Credit Suisse see scope for a fresh correction to...

EU’s Von der Leyen: All air travel to countries with new variant should be...

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European Commission President Ursula von der Leyen said on Friday that all air travel to countries with the new variant should be suspended until we have...

EUR/USD set to rally toward the upper 1.13s/low 1.14s in the next few weeks...

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EUR/USD gains on short-covering and approaches 1.1300. As economists at Scotiabank note, December seasonal trends are bullish. Subsequently, the pair could race higher to...

USD/CAD rallies, approaches 1.2800 amid risk-off market sentiment spurred by new COVID-19 variant

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The COVID-19 NU variant found in South Africa, spurred a sell-off of assets with the “risk” word attached to it, boosting safe-haven currencies. USD/CAD advances...

USD/JPY under pressure tumbles below 113.50 amid risk aversion

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Concerns about the new COVID variant triggers sell off across financial markets. Japanese yen among top performers boosted by risk aversion and lower...

Brexit: UK’s Frost reiterates UK ready to trigger Article 16

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UK Brexit Minister Lord David Frost said on Friday that, while we would still like to find a negotiated solution with the EU on...
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USD - United States Dollar
EUR
1.16
GBP
1.35
CHF
1.09
NOK
0.12
JPY
0.01
CAD
0.80
AUD
0.74