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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Gas prices continue to rise in N.J. amid spike in crude oil price and overseas tensionsThe average price of a gallon of regular gas in the Garden State is $3.44, up 3 cents from last week.
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Crude Oil Futures: Correction in the offing?CME Group’s flash data for crude oil futures markets noted open interest increased for the third consecutive session on Friday, this time by around 16
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Saudi Arabia raises March crude prices to AsiaSaudi Aramco has raised prices for all crude grades it sells to Asia in March from February, in line with market expectations.
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Oil News and Forecast - FXStreetCheck our updated for Oil News including real time updates, technical analysis and the economic latest events from the best source of Forex News.
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