Mixed price action for financial markets this week but the overall theme seems to be one of ‘risk aversion’ as safe haven currencies have consistently outperformed the risk-taking majors. As usual in this environment, the Japanese Yen and Swiss Franc took the top spot versus the rest of the FX majors, while Crypto and Equities took a backseat gold. Notable news and economic updates: UK consumer prices rose 5.4% – the highest since March 1992 – versus 5.2% expected and 5.1% in November. Australia’s economy added 64.8k jobs in December versus 60k forecast, 366.1k previously Canadian inflation hits 30-year […]
