Japanese Yen Outlook: AUD/JPY Dictated by Coronavirus Volatility

Haven demand has fueled the recent strength in the Japanese Yen as coronavirus cases continue to climb while trade tensions escalate.

from DailyFX – Market News https://bit.ly/3eKD9DN
via IFTTT

Hang Seng Index, US Equity Futures at Risk as Covid-19 Cases Surge

APAC stocks may fall at the open after Wall Street trade ended a downbeat note last Friday. Surging virus cases around are world reinforcing the fear of another Covid-19 wave.

from DailyFX – Market News https://bit.ly/3ibo6VT
via IFTTT

NZD/USD Consolidation Generates Drop in Net-Short Interest

The range bound price action in NZD/USD appears to be generating profit-taking behavior as the IG Client Sentiment report reveals a drop in net-short interest.

from DailyFX – Market News https://bit.ly/31ogeKy
via IFTTT

S&P 500, Crude Oil Prices, Energy ETFs: Relations and Correlations

The outlook for the S&P 500 seems to have become more important than the price of crude oil for some energy sector ETFs. Will this dynamic last and what are the risks ahead?

from DailyFX – Market News https://bit.ly/2BiVYzt
via IFTTT