Today's Forex news: Bitcoin and Ethereum Break Key Round Numbers; Crude Oil, Agricultural Commodities Continue to Hit Record Highs; Strong NFP Number. Read more:
The Forex market is quiet ahead of a typical Monday with no major releases scheduled, so is likely to remain that way. Over the short term, the CAD and AUD are strong while the JPY and EUR are weak. Over the longer term, there is a bullish trend in the US dollar.Friday’s US non-farm payrolls data came in much higher than had been expected, with a net new 467k jobs created compared to an anticipated 110k., suggesting that the omicron variant wave may have already peaked worldwide.
It is estimated that 61.4% of the world’s population has received at least one dose of a coronavirus vaccination. Total confirmed new coronavirus cases worldwide stand at over 395.9 million with an average case fatality rate of 1.45%. The rate of new coronavirus infections appears to now be increasing most quickly in Afghanistan, Armenia, Austria, Azerbaijan, Bahrain, Belarus, Bhutan, Brazil, Brunei, Chile, Costa Rica, Czech Republic, Denmark, Egypt, Estonia, Germany, Guatemala, Hungary, Indonesia, Iran, Iraq, Japan, Jordan, South Korea, Latvia, Lithuania, Netherlands, New Zealand, Oman, Romania, Russia, Serbia, Singapore, Slovakia, Slovenia, Turkey, the UK, and the Ukraine.
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