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BoJ concerned by sharp FX moves but not enough to alter monetary policy. The yen appears even more susceptible in the wake of widening interest rate differentials
Brent Crude trades lower ahead of today’s OPEC meeting, while the US is set to announce its latest and largest SPR release
The Canadian Dollar is currently trading higher against its major counterparts as price action continues to threaten key technical levels
Bitcoin has lost 45% of its ‘value’ since the all-time high in November 2021 and broke below the 40k level overnight as global risk sentiment sours
The Euro continues to underperform when compared to the more hawkish BoE-backed Sterling. Policy divergence continues into 2022