Financial markets have been in risk aversion mode in recent days, with geopolitical risk driving traders towards the traditional safe havens for cover. A slower week on the economic calendar hasn’t helped matters but with plenty of data to come in the week ahead, this could all change.
That said, should the war of words continue between the US and North Korea, or even escalate, other matters will likely continue to be overshadowed and investor sentiment remain subdued.
Senior Market Analyst Craig Erlam discusses all of these issues and gives his analysis on USDJPY (7:02), GBPJPY (9:32), EURJPY (10:51), EURUSD (12:30), GBPUSD (14:10), EURGBP (15:53), AUDUSD (17:04), USDCAD (18:08) and NZDUSD (19:29).
How the markets could react to a North Korea Strike
USD/CAD – Canadian Dollar Yawns as US Inflation Data Disappoints
Geopolitical Concerns Weigh on Risk Appetite
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.
Craig Erlam
Latest posts by Craig Erlam (see all)
- Week Ahead – Between a rock and a hard place - 22 October 2021
- Market Insights Podcast (Episode 253) - 22 October 2021
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