Friday, January 7, 2022

Opening Bell on 2022

Some financial markets such as those in Japan, China, Great Britain, Australia, and New Zealand remained closed on this first business day of 2022. But manufacturing sector purchasing managers surveys were reported for many economies, and some price data were released, too. In market activity, the dollar held steady against the Japanese yen and Chinese […]

* This article was originally published here

Wednesday, January 5, 2022

Pound Australian Dollar Exchange Rate News: GBP/AUD Muted amid Rising Omicron Concerns

GBP/AUD Muted as Covid-19 Concerns Prevail The Pound to Australian Dollar (GBP/AUD) exchange rate is trading in a narrow range in the beginning of today’s session despite a risk-on mood amid thin post-Christmas trade and rising Covid-19 cases. At the time of writing, the GBP/AUD exchange rate is trading at...

* This article was originally published here

Tuesday, January 4, 2022

Pound Australian Dollar Exchange Rate News: GBP/AUD Firms amid Risk-Off Mood

GBP/AUD Firms amid Risk-Off Trade The Pound to Australian Dollar (GBP/AUD) exchange rate is strengthening on Friday as the Omicron coronavirus variant continues to dampen market mood. At the time of writing, the GBP/AUD exchange rate is trading at $1.8838 with a market movement of 0.4%. Australian...

* This article was originally published here

Monday, January 3, 2022

Further Recovery in Risk Appetite Ahead of Holiday

Most major markets, but not Japan’s, will be closed partially or fully tomorrow for Christmas Eve. As a result, some data were released earlier than normal today. Covid developments today were constructive on the whole. Although new cases continue to crest on the Omicron wave, the latest variant doesn’t appear to be as lethal as […]

* This article was originally published here

Sunday, January 2, 2022

A Deadly and Stressful Year about to Close

With New Years Day falling on Saturday, most major markets will not be trading tomorrow. What trading there has been today has been light, and there will be few regrets to seen 2021 pass on to the ages. The weighted DXY dollar index has slipped less than 0.1% overnight but shows a significant advance of […]

* This article was originally published here