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OPEC Decision Awaited, US NFPs Enter the Center Stage

JFD

Risk Sentiment Improves, Oil Slides as OPEC Decision Looms

The dollar traded lower against most of the other G10 currencies yesterday. It lost the most ground against GBP, CHF and NZD, while it gained only against JPY. The greenback traded virtually unchanged against AUD, CAD, SEK.

Although not so clear by the FX market performance, the broader market sentiment switched back to ‘risk on’ at some point yesterday. The safe-haven JPY traded on the back foot...

Read the full financial markets daily report on JFD Research.

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Source: https://www.jfdbrokers.com/en/research/opec-decision-awaited-us-nfps-enter-the-center-stage
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