What's happening in the FX market

  • EUR/USD -6 pips to 1.2040
  • USD/JPY -6 pips to 105.33
  • GBP/USD -16 points to 1.3719
  • USD/CHF -2 pips to 0.8992
  • USD/CAD +9 pips to 1.2765
  • AUD/USD -16 pips to 0.7662
  • NZD/USD -5 pips to 0.7192

These are early levels and can change once liquidity improves.

The early theme is a bit of risk aversion, likely after some poor vaccine reads on the South African variant.