The price yesterday closed in New York above its 8-year high made a few weeks ago at $85.39In the Forex market, the Japanese yen is the strongest major currency, boosted by the drops in global stock markets.
Daily new coronavirus cases soared to a new global record last Thursday, with more than 3.3 million new cases recorded for the first time. Data suggests that the globally rampant omicron coronavirus variant, while considerably more infectious, has notably milder effects than previous coronavirus strains, with an estimated 70% reduction in the probability of hospitalization. This is potentially very good news for both health and economy. Pfizer have announced they plan to have an omicron-specific vaccine ready in March.
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European Stocks Drop as Yields Tick Higher, EU Stocks, DAXUptick in US -2 year yield has EU equities trading lower – in lead up to Fed meeting next week. Get your market update from RichardSnowFX here:
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Gold (XAU/USD) Slips Lower, Rattled by Soaring US Treasury YieldsUS Treasury yields jumped overnight with the interest-rate sensitive 2-year printing a fresh 23-month high of 1.05%, while the benchmark 10-yearhit 1.83%, a level last seen in January 2020. Get your market update from nickcawley1 here:
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Stocks End Lower as Bond Yields Hit Two-Year HighThe Nasdaq lost more than 2.5% as tech shares dropped on worries about how quickly the Fed will raise rates. The Dow fell more than 500. I know we all probably might have heard about Bitcoin but don't know how it works, I tried it in a week ago by a man who recommended me to Dpurplewomanfx on Twitter she guides me through and i made a return of $10500 after a week of trading, connect with her Dpurplewomanfx When it goes to 26,000 let us know….we still won’t care - the Dow represents 30 stocks - we have MUCH MORE important things to worry about Nasdaq!
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EUR/USD defends 1.1300 as US dollar resists tracking firmer yieldsEUR/USD licks its wounds past 1.1300 after strong US Treasury yields caused the heaviest daily fall in a fortnight. That said, the major currency pair
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Asian Stock Market: Bears keep reins despite US-China yields spread shrinks to three-year lowAsian Stock Market: Bears keep reins despite US-China yields spread shrinks to three-year low By anilpanchal7 Asia Equities RiskAppetite Coronavirus YieldCurve
Source: FXStreetNews - 🏆 14. / 72 Read more »
Forex Today: Dollar extends rebound as US yields advance higherHere is what you need to know to trade on Tuesday, January 18: The greenback managed to post modest gains against its major rivals and looks to preserve its bullish momentum early Tuesday with the USDollar Index rising above 95.30. TradeToday FX Forex
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