A nomination hearing for President Joe Biden’s pick to be comptroller of the currency, Saule Omarova, turned fiery on Thursday.
Archiv für den Monat: November 2021
AUD/USD threatens a drop towards September lows as trendline support looks to crack
AUD/USD down 0.6% on the day to 0.7236 currently
The downside push in the pair is continuing as sellers keep near-term control and the latest risk aversion episode in European trading is helping to exacerbate the momentum.
The downside push in the pair is continuing as sellers keep near-term control and the latest risk aversion episode in European trading is helping to exacerbate the momentum.
Stocks regain a bit of poise ahead of North American trading
Nasdaq futures hit record highs
The earlier declines from the lockdown fears in Europe are being pared a little with the Stoxx 600 index now seen up by 0.1% again. There is still plenty of push and pull ongoing but pandemic fears in general are bringing back one of the market’s favourite bets last year i.e.
The earlier declines from the lockdown fears in Europe are being pared a little with the Stoxx 600 index now seen up by 0.1% again. There is still plenty of push and pull ongoing but pandemic fears in general are bringing back one of the market’s favourite bets last year i.e.
Where art thou, SNB?
EUR/CHF breaks critical support in fall to its lowest since July 2015
If there is one central bank that is going to be least satisfied with today’s moves, it has to be the SNB as we see EUR/CHF fall past key support at 1.0500 in European trading.
If there is one central bank that is going to be least satisfied with today’s moves, it has to be the SNB as we see EUR/CHF fall past key support at 1.0500 in European trading.
European indices pare early gains, bond yields retreat as safety bets emerge
US futures also trim gains from earlier in the day
The Stoxx 600 has erased gains and we’re even seeing the likes of the DAX fall by 0.1% on teh day now as Austria’s lockdown and German health minister Spahn refusing to rule out a return to lockdown in Germany weigh on sentiment in markets.
The Stoxx 600 has erased gains and we’re even seeing the likes of the DAX fall by 0.1% on teh day now as Austria’s lockdown and German health minister Spahn refusing to rule out a return to lockdown in Germany weigh on sentiment in markets.
USD/JPY takes a dive as Austria lockdown reignites pandemic fears
USD/JPY plunges from 114.50 to a low of 113.90 on the day
We’re starting to see a classic case of risk aversion sweep across markets as European indices have erased gains on the day while in FX, the dollar and yen are broadly bid with bond yields tumbling across the board as well.
We’re starting to see a classic case of risk aversion sweep across markets as European indices have erased gains on the day while in FX, the dollar and yen are broadly bid with bond yields tumbling across the board as well.