Article Hero

After years of underinvestment

Miguel A. Rodriguez
Miguel A. Rodriguez
08 December 2021
Euro falls, Aussie jumps as currency market risk appetite picks up
  • Scott Sheffield, the chief executive of top U.S. shale producer Pioneer Natural Resources Co, said he worries #oil prices could get too high and further roil markets after years of underinvestment in the sector
  • Monetary policy support in China and hopes that the #Omicron variant of COVID-19 would be less severe boosted currency market risk appetite, with the Australian dollar rebounding and the euro heading back towards 2021 lows
  • Iceland's main power utility is turning away new #bitcoin miners in an effort to reduce commercial energy usage during a hydro supply crunch
  • #BTCUSD exploded 1.0% in the last session
  • #XAUUSD rose 0.2%
  • #WTIUSD exploded 3.4% in the last session

This information/research prepared by Miguel A. Rodriguez does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The research analyst primarily responsible for the content of this research report, in part or in whole, certifies that the views about the companies and their securities expressed in this report accurately reflect his/her personal views and consequently any person acting on it does so entirely at their own risk.The research provided does not constitute the views of KW Investments Ltd nor is it an invitation to invest with KW Investments Ltd. The research analyst also certifies that no part of his/her compensation was, is, or will be, directly, or indirectly, related to specific recommendations or views expressed in this report.The research analyst in not employed by KW Investments Ltd. You are encouraged to seek advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit that conforms to your specific investment objectives, financial situation, or particular financial needs before making a commitment to invest. The laws of the Republic of Seychelles shall govern any claim relating to or arising from the contents of the information/ research provided. 

Share this article

How did you find this article?


Read More

Miguel A. Rodriguez
Miguel A. Rodriguez
Financial Writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.