Yen rallies, rand and Aussie stumble as new variant spurs flight to safety
The safe-haven yen rallied while the South African rand and risk-sensitive Australian dollar slumped on
Analysis-In Japan, a weaker yen may not be the blessing it once was
A weak yen, once seen as favourable for Japans exports-focused economy, has now become a
Bitcoin reverts to $58k as renewed COVID-19 concerns Jolt traditional markets
The financial markets are a sea of red on Friday as worries over a new
Bitcoin hits 6-week lows in hours as 24-hour crypto liquidations near $650M
Bitcoin (BTC) shed almost $5,000 in a single day on Nov. 26 as bulls faced
Turkish Deputy Finance Minister Nebati: Manipulative attacks will not have significant impact on lira
“Turkey is determined to implement a low-interest-rate policy,” said the nation’s Deputy Finance Minister Nureddin Nebati
EUR/SEK: Riksbank’s steps toward tightening unable to underpin the krona – ING
Sweden’s Riksbank has made two subtle, but notable shifts towards tightening at its November meeting.
EUR/GBP: Scope to revisit the 0.8659/73 highs since May on a move above 0.8596 – Commerzbank
EUR/GBP bounces off the base of its longer-term channel at 0.8376. As Axel Rudolph, Senior
EUR/USD set to hold above 1.1200 into the weekend – ING
EUR/USD registered modest gains on Thursday and continues to edge higher toward 1.1250 on Friday.
USD/JPY: Bets for further upside have been trimmed – UOB
The prospect for extra gains in USD/JPY now seems to have lost some momentum, commented
GBP/USD to see a short-term rebound from the 1.3250 support – SocGen
Cable has drifted below 1.33 on risk-off. Next support is seen at the 1.3250 level.