Yen is proving to be the biggest loser as the market continues to party from the election and Pfizer vaccine euphoria in the past half-hour. USD/JPY has climbed by over 1% during the time. The pair has broken above 104.00 from around 103.70 earlier and is now trading closer towards 104.50
The Pfizer story reveals that they may push for emergency-use and distribution by the year-end and that is indubitably great news in addressing the health crisis, especially with record-breaking virus cases across the US in the past week. This could prove to be a game-changer in the battle against the virus.
13 Apr 2021 07:40 AM
Find out why is the Dollar trading near its 3-week low?
12 Apr 2021 06:35 PM
U.S. stock futures slipped today, signaling a muted opening for major indexes that stand at record highs ahead of a busy week of corporate earnings and economic data.
12 Apr 2021 04:31 PM
Indian equities fell the most in over a month as a rapid surging second wave of the coronavirus across the country acted as the key deterrent to market sentiment.
12 Apr 2021 04:21 PM
The Indian rupee dropped for the sixth consecutive session against the dollar, as a surge in coronavirus cases intensified fears of a delay in economic recovery.
12 Apr 2021 02:54 PM
Pound bounced back from 2 month lows and traded around 1.3750 amid timid US Treasury yields capping Dollar’s gains.
12 Apr 2021 02:46 PM
Check out how European markets are reacting today