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Markets edged higher in Europe on Monday with prices stabilizing
EUROPEAN SHARES Markets edged higher in Europe on Monday with prices stabilizing following last week’s mayhem caused by fears about the Omicron variant. It seems to be the “calm after the storm” this week for stock investors as most of them have digested the news and are now assessing the potential threat the new variant[…]
Тhe Japanese yen was up by almost 1.5% in relation against the US dollar
FOREX The markets are reacting strongly to reports of a new coronavirus variant identified in Southern Africa. The consequent flight to safety is already benefiting safe haven currencies such as the yen and the Swiss franc. Traders are turning their backs to risk-related currencies during early Friday, with the Australian dollar and it’s New[…]
Fed’s bond buying program is likely to trigger interest rate hikes
FOREX The US Dollar Index is dropping back during early Thursday trading, after hitting a fresh high for the year during the previous session. The release of the latest FOMC minutes on Wednesday provided an insight into the views held by senior US monetary policy makers, with a prevailing stance supporting the acceleration of[…]