“If you personalize losses, you can’t trade.”
USD
EUR/USD
The Single currency firmed at $1.1328 as markets welcomed signs that the Omicron variant of COVID-19 might be less severe than feared, as well as robust U.S economic data dampened the safe-haven U.S dollar allure.
GBP/USD
The Pound Sterling pulled back from a high of $1.3436 to $1.3390 this morning on the news from French Europe Minister Clement Beaune that litigation against Britain on the issue of post-Brexit fishing licenses will be kicked off in early January.
USD/JPY
The Yen extended losses to 114.40 as firmer U.S. data propelled yields.
AUD/USD
The Aussie dollar remained in a consolidation mode to trade around $0.7235 on optimism among investors that the Omnicron variant won't derail the global economic recovery.
USD/CAD
The Canadian dollar paused the three-day decline at 1.2825 against the U.S. dollar amid softer oil and better than expected U.S. data.
USD/ZAR
South African Rand gained to 15.62 versus the greenback as improving global economic outlook outweighed Omicron concerns.
USD/MUR
The dollar rupee remains unchanged at 43.70(selling) this morning.
