Forexlive RSS Breaking news feed

Forexlive RSS Breaking news feed


Happy New Year! Clear the decks and get ready for 2022

Posted: 31 Dec 2021 02:37 PM PST

Here are the closing levels for 2021. The loonie's late charge put it back into the lead. It was the lone G10 currency to better the US dollar. On the other side of the FX universe was the Turkish lira with a 42% drop. We've had a great year here despite some growing pains and want to tha

Someone needs loonies in a thin market

Posted: 31 Dec 2021 08:02 AM PST

The Canadian dollar is ripping higher today and is by-far the best performing G10 currency. The move has knocked USD/CAD 110 pips lower to 1.2633. I strongly suspect this is a flow-driven move in a thin market -- someone needed Canadian dollars ASAP. That's especially evident with oil down 1.2% toda

Hospitalization risk of omicron around one-third compared to delta - UK study

Posted: 31 Dec 2021 06:27 AM PST

At this point, the evidence is overwhelming that omicron is much less severe than delta. Pile on vaccinations, booster shots and prior infection and it's clear the market figured this out quickly.I'm closely watching for a potential omicron outbreak in China. Officials in Hong Kong today confirmed t

France leads the way in blistering year for European stocks

Posted: 31 Dec 2021 05:53 AM PST

The ongoing rebound from the corona-lows was an impressive one in Europe as markets close for the year. There were slight declines today but the overall returns were impressive. French CAC 40 +29% UK FTSE 100 +14% Spain IBEX +8% Stoxx 600 +22.5% That will be tough to top in 2022 b

Turkey's Erdogan: The lira will stabilise next week

Posted: 31 Dec 2021 12:55 AM PST

In case you missed the happenings in the past week: Erdogan's experimental plan failing to convince in changing lira's fortunes He goes on to say that they have reined in the "meaningless" volatility in the lira and that they are taking action to prevent lira volatility. I'm sure that has been

Dollar smile to prevail in 1H 2022?

Posted: 31 Dec 2021 12:45 AM PST

If we look at some of the key themes going into 2022, it's tough to find one that might dent the dollar outlook in general.The first on the list is major central banks tightening. And in that regard, the Fed is among the frontrunners and perhaps arguably going to be the most aggressive. Roughly thre

No comments:

Post a Comment