एब्स्ट्रैक्ट:This Tuesday sees the revival of risk appetite conditions as clearly portrayed by the outperformance of the commodity-linked currencies complex. In order of strength, the Kiwi, the Aussie and the Canadian Dollar were the currencies delivering the strongest gains.
This Tuesday sees the revival of risk appetite conditions as clearly portrayed by the outperformance of the commodity-linked currencies complex. In order of strength, the Kiwi, the Aussie and the Canadian Dollar were the currencies delivering the strongest gains.
On the flip side, we had an almost analogous negative performance by the rest of currencies. The USD, Euro, Yen, Swissy and Pound, all fell at an index level, within 0.20% to 0.30%.
This time around, the overall daily performance in Forex matched to perfection customers buy-side interest in risky currencies through the London session. When the EOD (End Of Day) percentage moves are roughly the same as the London-led fluctuations, the conviction in pushing certain currency trends should be quite high.
The revelation of more encouraging news about the success of a vaccine, this time by Moderna (94.3% effective in trial III phase), was the clear inflection point re-invigorating the ‘risk-on’ dynamics. The news followed similar results last week by Pfizer/BioNTech.
अस्वीकरण:
इस लेख में विचार केवल लेखक के व्यक्तिगत विचारों का प्रतिनिधित्व करते हैं और इस मंच के लिए निवेश सलाह का गठन नहीं करते हैं। यह प्लेटफ़ॉर्म लेख जानकारी की सटीकता, पूर्णता और समयबद्धता की गारंटी नहीं देता है, न ही यह लेख जानकारी के उपयोग या निर्भरता के कारण होने वाले किसी भी नुकसान के लिए उत्तरदायी है।
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IC Markets
Eightcap
IG
Vantage
SMART BALANCE
BBI Trading
IC Markets
Eightcap
IG
Vantage
SMART BALANCE
BBI Trading
IC Markets
Eightcap
IG
Vantage
SMART BALANCE
BBI Trading