In the Forex market’s quiet Asian session, we are seeing a strong Australian dollar, and continued weakness in the Japanese yen. Ranges are relatively small but it seems clear that last week’s dominant risk-on paradigm continues to dominate the market.Turkish government’s announced of emergency measures to support the Turkish Lirawhich gives an effective guarantee against any depreciation in Lira savings should the currency’s decline against major currencies exceed the Lira’s rate of interest.
as it is a public holiday in the UK today and tomorrow. It is also a holiday today in Canada, Australia, and New Zealand.highest number of new confirmed coronavirus cases recorded globally since the start of the pandemic a little over two years ago. It is estimated that 57.4% of the world’s population has received at least one dose of a coronavirus vaccination.
Total confirmed new coronavirus cases worldwide stand at over 280.3 million with an average case fatality rate of 1.93%. The rate of new coronavirus infections appears to now be increasing most quickly in Argentina, Australia, the Bahamas, Canada, Cyprus, Ethiopia, Finland, France, Iceland, Italy, Kenya, Luxembourg, Malta, Nigeria, Portugal, Spain, Sweden, the UAE, the USA, and the UK.