In the Forex market, the US Dollar has resumed its selloff and is the weakest major currency right now.Energy commodities are strong, although none of them are breaking to new long-term high prices yet.
The Governor of the Bank of Japan has reiterated that the Bank will continue with monetary easing to assist economic recovery. It is a public holiday today in the USA, and as it is also a Monday, today is likely to be a relatively quiet day in the market. If there are major price movements, that will suggest we are likely to see strong momentum over the coming days.It is estimated that 65.8% of the world’s population has received at least one dose of a coronavirus vaccination, while approximately 6.
Total confirmed new coronavirus cases worldwide stand at over 531.6 million with an average case fatality rate of 1.19%. The rate of new coronavirus infections appears to now be significantly increasing only in the Bahamas, Jamaica, Costa Rica, Dominica, Panama, and Taiwan.