2021-12-09 17:33:32
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Summary
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On Wednesday (December 8) the U.S. dollar fell against several major currencies. The U.S. dollar index fell 0.38% to 95.95; the euro rose more than 1% against the pound at one time, and the pound against the dollar hit a record low of 1.3163 in nearly a year. Earlier reports said the British government Prepare to introduce new epidemic prevention measures. COMEX gold futures closed slightly higher. Investors are paying attention to the development of Omi Keron mutant strains and waiting for the US inflation data to be announced this week. Oil prices rose for the third consecutive trading day. Studies have shown that existing vaccines are effective against new virus variants, eliminating concerns about plummeting fuel demand. In addition, US crude oil inventories have fallen slightly.
The U.S. dollar fell against several major currencies on Wednesday, with the U.S. dollar index falling 0.38% to 95.95; concerns about the economic blow to the Omicron variant have eased, which helped support the riskier currency, and the Australian dollar rose for the third consecutive trading day.
Michael Brown, a senior analyst at the payment company Caxton, said in a report that people’s concerns about Omicron seem to have eased slightly, especially as more and more data show that although unproven, the new variants cause more symptoms than previously thought Be light.
The euro rose 0.67% to 1.1343 against the dollar; the euro rose more than 1% against the British pound at one point, hitting a new high of 0.8599 since October 1, and trading was active; Stuart Bennett, a foreign exchange strategist at Santander, said that the market may think this is more Britain’s own policies are therefore only a problem for the British pound, at least in the short term.
The pound fell 0.30% to 1.3204 against the U.S. dollar, hitting 1.3163 at intraday, the lowest level in nearly a year. Previously, British Prime Minister Johnson implemented stricter new crown restrictions in England, requiring people to work from home, wear masks in public places, and use vaccine passes. To slow the spread of Omicron variants. The money market lowered the rate hike bets, and the expected rate of the Bank of England's rate hike next week is only 6 basis points.
The Canadian dollar weakened, and the U.S. dollar rose 0.12% to 1.2654 against the Canadian dollar; the Canadian dollar fell more than 0.8% against the euro and the Australian dollar due to profit-taking; the Bank of Canada decided to keep interest rates unchanged at its policy meeting on Wednesday; the Canadian dollar on Monday And Tuesday had a strong rise; however, the Bank of Canada cancelled the temporary statement of inflationary pressures, and pointed out that recent employment growth has been extensive, and the employment rate has returned to pre-pandemic levels. CIBC foreign exchange strategist Bipan Rai said that there is no signal to raise interest rates in January, coupled with the pricing of the short-term interest rate market, this is enough to allow the Canadian dollar to fall moderately.
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