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.
18 Jan 2021 05:01 PM
The Chinese economy reported growth in 2020, as it controlled the coronavirus outbreak in the country and positioned itself as the only major country to report economic growth.
18 Jan 2021 04:07 PM
Indian Rupee Versus Dollar Which Ended Stronger Today?
18 Jan 2021 03:59 PM
All Sectors In Red?
18 Jan 2021 02:49 PM
ECB And Italian Politics Pressuring The Euro?
18 Jan 2021 02:33 PM
Pound extended losses and dropped to fresh multi-day lows, around 1.3535 amid the cautious mood benefitting Dollar’s safe-haven status.
18 Jan 2021 12:52 PM
Yen rose as timid U.S. economic data and surging global coronavirus cases kept investors watchful.