News

Euro dollar volatility surges on Omicron, bets on Fed

• 01 December, 2021
• 1:50 pm EET

The dollar edged up on Wednesday as euro-dollar volatility hit the highest level of the year in response to worries about the Omicron variant, while the dollar found support in renewed expectations for interest rates hikes. The dollar index DXY rose…

Continue Reading

Oil prices deepen their losses to 4%, and Brent crude is less than $71 With growing fears of Omicron

• 30 November, 2021
• 5:56 pm EET

Oil prices deepened their decline by more than 4%, during trading today, Tuesday, with Brent crude falling below $ 71, with doubts about the effectiveness of Corona vaccines against the Omicron mutant. The decline came after the president of Moderna…

Continue Reading

Gold prices rise amid fears that Omicron will not respond to Corona vaccines

• 30 November, 2021
• 5:34 pm EET

Gold prices rose in trading on Tuesday, with increasing fears of the expansion of closures and restrictions due to the spread of the new Corona virus, Omicron. The price increase comes after the president of Moderna Pharmaceuticals warned that coronavirus…

Continue Reading

GBP/USD reaches a multi-day high in the 1.3365-70 range.

• 30 November, 2021
• 5:16 pm EET

GBP/USD reaches a multi-day high in the 1.3365-70 range. Forex news for 30 November 2021 :  During the early European session, the GBP/USD pair grabbed fresh bids and rocketed to the 1.3365-70 level, or a near one-week high, in the…

Continue Reading

Omicron vaccine warning triggers fresh global selloff

• 30 November, 2021
• 1:23 pm EET

There was a fall in world share markets and scramble to safer currencies and bonds on Tuesday after the CEO of drugmaker Moderna warned that COVID-19 vaccines are unlikely to be as effective against the new Omicron variant. Europe Europe's…

Continue Reading