Month: December 2021

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Yen is trading broadly lower this week, and remain soft in Asian session, following the rally in US stocks overnight. Dollar is also weak in risk-on markets, while Euro is not far away. On the other hand, Sterling is so far the strongest one, followed by Aussie. The economic calendar is very light in the
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The yen was a notable laggard in trading yesterday amid thinner market conditions. It comes as risk trades rallied with stocks carrying over the Santa Claus rally post-Christmas. The S&P 500 hit fresh record highs and is now nearing 4,800. The unbridled optimism has also seen AUD/JPY erase its omicron losses while USD/JPY is closing
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SINGAPORE: gained more ground on Tuesday with prices trading close to last session’s one-month high on expectations that the Omicron coronavirus variant will have only a limited impact on global demand. Brent crude rose 7 cents, or 0.1%, to $78.67 a barrel, by 0115 GMT. U.S. West Texas Intermediate (WTI) crude rose 18 cents, or
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The greenback gains some ground against the aussie, amid closed US equity and money markets. Covid-19 positive news improved investors’ mood as the year-end looms. AUD/USD Price Forecast: Bulls prepare for a challenge of crucial resistance around 0.7280-0.7300. The AUD/USD slides during the late European trading session, down some 0.33% trading at 0.7224 at the
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Sterling’s rally picks up some strong momentum in pre-holiday trading. Meanwhile, overall steady to risk-on sentiment is also lifting Aussie and other commodity currencies. On the other hand, Euro is under tremendous pressure, thanks to selloff against the Pound. Dollar, Yen and Swiss Franc are also soft, with the greenback shrugging off strong PCE inflation
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In this article NKE Pedestrians carrying Nike and Allbirds shopping bags in the SoHo neighborhood of New York, on Sunday, Oct. 24, 2021. Nina Westervelt | Bloomberg | Getty Images Nike shares climbed around 3% in extended trading Monday after the sneaker maker reported fiscal second-quarter earnings and sales that topped analysts’ expectations, despite ongoing
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