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3 Dec 2021

IMF MD Georgieva: Likely to see some downgrades to global growth forecasts due to Omicron

Managing Director (MD) of the IMF Kristalina Georgieva said on Friday that she had already been concerned that the global economic recovery had been losing steam before the emergence of the Omicron variant. There would now likely be some downgrade to global growth forecasts as a result, she added, saying that the rapid spread of the new variant can dent confidence. 

Dec 3, 2021

USD/CHF choppy, but set to end session at 0.9170ish lows as risk appetite deteriorates

It's been a choppy session but USD/CHF ultimately looks set to end the day lower by about 30 pips or just over 0.3%. The pair is currently trading at
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Dec 3, 2021

GBP/USD slides for the fourth day in the week meanders around 1.3230s

The British pound pares Thursday’s gains and some more, is down some 0.50%, trading at 1.3232 during the New York session at the time of writing. A ri
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