MARKET NEWS
AUD/JPY remains important in 80.70S the risk-free market
AUD/JPY remains important in 80.70S the risk-free market AUD/JPY drops at the start of the week as risk-on risks continue to reverberate following Friday’s sell-off on Wall Street. At the time of this writing, AUD/JPY is down around 0.3% and sits between 80.73 and 81.04. 4,444 US stocks fell on Friday following news of the
Read moreUSD/JPY holds near 113.60 on steady hand at BoJ
USD/JPY holds near 113.60 on steady hand at BoJ USD/JPY remains on the defensive as the European session approaches and was last seen trading near three-day lows, around mid-113.00. After struggling to find bullish acceptance above the 114.00 mark, USD/JPY sold off on Thursday and reversed the previous day’s FOMC move to monthly highs. A
Read moreWTI integrated Fed and EIA stocked over US $ 71.00 recovery in mixed sentiment
WTI integrated Fed and EIA stocked over US $ 71.00 recovery in mixed sentiment WTI flattened its biggest daily rise of the week at the beginning of Thursday, dropping 0.07% to $ 71.30 that day. The recent fall in black gold may be related to cautious market sentiment and various concerns prior to major central
Read moreXAU/USD bounces with USD 1,770 support and Fed is in focus
XAU/USD bounces with USD 1,770 support and Fed is in focus Gold (XAU/USD) is stable at around $ 1,772 and cannot recover from four months of support at the beginning of Wednesday. The price of the gold bar has fallen over the past two days amid growing concerns about a South African Covid variant known
Read moreEUR/USD is still at risk of Omicron Covid
EUR/USD is still at risk of Omicron Covid EUR/USD fell on prospects that the EU will become the epicenter of the new covid strain, Omicron. As of this writing, EUR/USD is trading from 1.1277 to the lows of 1.1273 and 1.1286, with little or no change throughout the day in the early-week range. According to
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