Today's Forex News: Expect optimism to fade
Today's Forex News: Expect optimism to fade
EUR/USD ⬆️
GBP/USD ⬆️
AUD/USD ⬆️
USD/CAD ⬇️
USD/JPY ⬆️
XAU ⬆️
WTI ⬇️
USD/JPY reached a new multi-year high of 122.40.The US dollar finished mostly lower today.
The EUR/USD pair continues to struggle with the 1.1000 level, failing to extend advances above it. The GBP/USD exchange rate has stabilized around 1.3180, while commodity-linked currencies continue to advance versus their American counterparts. The AUD/USD pair reached a high of 0.7527, while the USD/CAD pair saw a low of 1.2509.
US President Joe Biden and European NATO allies are bracing for the possibility that Moscow would launch a nuclear attack. Additionally, they discussed assisting Ukraine with anti-ship missiles and reiterated that any gold transaction involving Russia's central bank is subject to existing sanctions. The headline supported the yellow metal, which soared to a new weekly high of $1,966.14 a troy ounce before settling near that level.
On the other hand, crude oil prices extended their recent increases, finishing the day barely altered. WTI is currently trading around $113.20 per barrel.
Later, French President Emmanuel Macron stated that no decision had been made on sanctions against Russian oil, gas, and coal. US President Joe Biden stated that Russia should be kicked out of the G-20.
While Germany, the UK, France and Italy, the top countries affected by this outbreak, continue to see an increase in new global health crisis cases, blamed on the Omicron BA.2 variant. As of now, there have been no restrictive measures in place, but on the contrary, the latest restriction is being lifted.
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EUR/USD ⬆️
GBP/USD ⬆️
AUD/USD ⬆️
USD/CAD ⬇️
USD/JPY ⬆️
XAU ⬆️
WTI ⬇️
USD/JPY reached a new multi-year high of 122.40.The US dollar finished mostly lower today.
The EUR/USD pair continues to struggle with the 1.1000 level, failing to extend advances above it. The GBP/USD exchange rate has stabilized around 1.3180, while commodity-linked currencies continue to advance versus their American counterparts. The AUD/USD pair reached a high of 0.7527, while the USD/CAD pair saw a low of 1.2509.
US President Joe Biden and European NATO allies are bracing for the possibility that Moscow would launch a nuclear attack. Additionally, they discussed assisting Ukraine with anti-ship missiles and reiterated that any gold transaction involving Russia's central bank is subject to existing sanctions. The headline supported the yellow metal, which soared to a new weekly high of $1,966.14 a troy ounce before settling near that level.
On the other hand, crude oil prices extended their recent increases, finishing the day barely altered. WTI is currently trading around $113.20 per barrel.
Later, French President Emmanuel Macron stated that no decision had been made on sanctions against Russian oil, gas, and coal. US President Joe Biden stated that Russia should be kicked out of the G-20.
While Germany, the UK, France and Italy, the top countries affected by this outbreak, continue to see an increase in new global health crisis cases, blamed on the Omicron BA.2 variant. As of now, there have been no restrictive measures in place, but on the contrary, the latest restriction is being lifted.
📱 Get instant market news delivered to you in real time on Mitrade