What’s happening in the FX market
- EUR/USD -6 pips to 1.2040
- USD/JPY -6 pips to 105.33
- GBP/USD -16 points to 1.3719
- USD/CHF -2 pips to 0.8992
- USD/CAD +9 pips to 1.2765
- AUD/USD -16 pips to 0.7662
- NZD/USD -5 pips to 0.7192
These are early levels and can change once liquidity improves.
The early theme is a bit of risk aversion, likely after some poor vaccine reads on the South African variant.
This article was originally published by Forexlive.com. Read the original article here.