EUR/USD Contained Ahead of NFP but Remains Sensitive to ‘Hawkish/Dovish’ Narrative Swings
EUR/USD looks calmer before Friday’s US employment data but remains susceptible to near term volatility around Omicron and shifts in interest rate timelines
Turkish Lira (TRY) Exposed Stocks to Watch as Volatility Reaches Crisis Highs
Turkish Lira volatility at crisis highs. Spain most exposed to Turkey.
British Pound (GBP) Price Outlook: GBP/USD Challenging Support
Unease in the financial markets over the spread of the Omicron variant of Covid-19 and a more hawkish Federal Reserve will likely continue to weigh on GBP/USD.
Japanese Yen Caught Out on Fed Hawkishness and Omicron. Will USD/JPY Break?
The Japanese Yen underperformed today as the US Dollar made some ground in the aftermath of the Fed ramping up hawkish rhetoric. Where to for USD/JPY?
Crude Oil Price Outlook Turns to OPEC+ Meeting as Omicron Variant Threatens Demand
WTI crude oil prices are eyeing the OPEC+ meeting as the Omicron Covid-19 variant threatens demand. Will members slow output hikes and might this offer support to the commodity?
Gold Prices Weighed Down on Falling Breakeven Rates as NFP Report Approaches
Gold rose overnight, but bulls are failing to drive prices higher in APAC trading. Bullion may fall if Friday's NFP report fuels rate hike bets, which would likely drag down…
AUD/USD Hits a Low as US Dollar Dominates. Will the Fed Weigh on the Aussie?
The Australian Dollar slipped to a new low for the year this week as the US Dollar found strength from a hawkish Federal Reserve. Will AUD/USD get a grip?
S&P 500, Nasdaq 100 Sink on Omicron and Fed Risks. ASX 200 Reversal Signal in Focus
The S&P 500, Nasdaq 100 and Dow Jones sank as the Omicron Covid-19 variant was discovered in the United States. Will the ASX 200 follow lower? Eyes are on government…
Australian Dollar Outlook: Omicron Volatility Weighs on AUD Ahead of Trade Data
The Australian Dollar fell versus the Greenback overnight as volatility picked up after the US announced the arrival of the Omicron variant. Will an upbeat Australia trade balance print help…
Copper Breaks Through Key Support on Sustained Omicron Worries
Copper futures fell below a key support level as uncertainty continues to mount pertaining to the Omicron variant.