NZD/USD Consolidates Amidst Lack of Catalysts
The pair lacks firm direction, as risk tones normalize today, following a few tumultuous days that culminated to new 2021 lows earlier in the week
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. With extensive experience in market analysis and a strong foundation in international relations, he brings a unique perspective to financial markets. Nikos emphasizes not only technical analysis but also on fundamentals and the growing influence of geopolitics on financial trends.
As a Senior Financial Editorial Writer, he delivers comprehensive and forward-looking insights across a wide range of asset classes, including equities, commodities, and currencies. His work explores how macroeconomic events, political developments, and global policies impact market dynamics, providing readers with a deeper understanding of both short-term movements and long-term trends.
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The pair lacks firm direction, as risk tones normalize today, following a few tumultuous days that culminated to new 2021 lows earlier in the week
Sentiment took another nosedive yesterday on news of the first Omicron case in the US, but today the pair rises, in the aftermath of Mr Powell’s two-day hawkish commentary
The German index is upbeat and tries to build on Wednesday’s profits, despite fresh risk-off wave on Omicron news yesterday
The two Chinese Electric Vehicle (EV) makers released today their deliveries for the month of October, not long after they had provided their quarterly results for the third quarter
Risk is at a better place today, allowing the pair to extend its recovery from Tuesday’s 2021 lows, caused by mr Powell’s hawkish testimony
Fed Chair Powell offered hawkish remarks during yesterday’s Senate testimony and created volatility in the markets, with the pair being soft today
The social media giant, now named Meta, was instructed by UK regulator to divest the popular GIF platform, GIPHY
The US index registered a considerable rebound on Monday as risk tones normalized, but today sentiment takes another nosedive, sending US30 lower
A new wave of risk aversion was witnessed earlier, which sent more flows towards the Japanese Yen, as news around the Omicron variant continue to dictate market moves
The pair rises after its poor start to the week, as renewed Omicron jitters, lead markets to a repricing of their Fed tightening expectations
The pair plunged on Friday after news of a new concerning Covid-19 variant, which sparked a risk-off wave, but today it covers some of the losses
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