Australian Dollar Forecast: AUD/USD in Focus as Traders Await Omicron News, RBA

The risk-sensitive Australian Dollar is moving slightly higher as the APAC trading week kicks off. Traders await developments on the Omicron threat as the RBA's last meeting of the year approaches.

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

Markets Week Ahead: Dow Jones, Nasdaq 100, US Dollar, Yen, AUD/USD, RBA, USD/CAD, BoC

The Dow Jones, S&P 500 and Nasdaq 100 slumped as volatility swept through markets. The US Dollar and Japanese Yen gained as crude oil prices declined. US CPI, the RBA and BoC rate decisions are on …

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

S&P 500 Weekly Forecast: Omicron Fears May Weigh on US Stocks; Reopening Trade at Risk

U.S. stocks, particularly the reopening basket, may come under more pressure in the near term as traders trim positions in risk assets amid omicron variant uncertainty and fragile sentiment.

from DailyFX – Market News https://bit.ly/3Ey1iuo
via IFTTT

USD/JPY on the Cusp of Reversal as All Yen Crosses Yield to Risk Trends

The volatility that has stirred in the broader financial markets doesn’t full encompass the retreat in a range of ‘risk’ assets that we have seen for some weeks. That erosion has hit many of the Ye…

from DailyFX – Market News https://bit.ly/3DjN52A
via IFTTT