EURUSD 1.1020 |
USDJPY 108.95 |
GBPUSD 1.3055 |
AUDUSD 0.6757 |
USDCAD 1.3178 |
GBPJPY 142.22 |
EURJPY 120.07 |
AUDJPY 73.63 |
CADJPY 82.66 |
Silver 18.19 |
Yields Lead Slump in Virus-Driven Market Selloff
Risk trades deepen their slump as market react to weekend news of the growing coronavirus outbreak, claiming at least 80 fatalities and sending the number of confirmed cases to 2744. Markets were especially hit in early Monday Asia by the revelation that the virus has an incubation of as long as 2 weeks, raising the possibility that people carrying the virus but not yet aware of the symptoms could infect others. Markets were also concerned with news reports of rocket attacks on the US embassy in Baghdad (see below). The US crude oil short opened at 59.65 on Jan 8th will be closed today. Here is the rationale for entering the trade even after a sharp drop in oil.
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Forex Brokers' Share Price Performance
The latest on share price performance of major forex firms shows CMC Markets in the lead, up 34% since January 2019, followed by IG Markets' 20% and Swiss Quote at 9%.
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21-yr Intermarket Charts - 7 indices 11 currencies 14 commodities
Interactive charting by instrument, chronological and alphabetical order. This enables organizing each individual commodity, currency or equity index' performance by magnitude or chronological order.
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