The West Texas Intermediate Crude Oil market fell quite a bit during the trading session on Monday as traders worry about the coronavirus mutations in the United Kingdom.
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The DAX Index broke down a bit during the trading session on Monday as European traders completely lost it over the coronavirus mutation in the United Kingdom.
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The Australian dollar has been all over the place during the trading session on Monday, due to concerns surround a coronavirus mutation in the United Kingdom.
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Gold markets have fluctuated during the trading session on Monday to kick off the week, as we started off with a bang.
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The South African rand has been one of the better-performing currencies to pay attention to, as the US dollar has been absolutely pummeled against it.
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The US dollar initially spiked against the Brazilian real on Monday, as the markets were very thin due to holiday trading.
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The euro broke down significantly during the trading session on Monday amid global concerns surrounding the coronavirus mutation in the United Kingdom.
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The British pound gapped lower on Monday after there were major concerns regarding the coronavirus mutations.
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Price has plenty of room to fall.
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With the holidays approaching, investors prefer to make profits, especially after recent record gains.
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The pound did not celebrate its highest gains since early 2018, as pressures returned again.
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Investors are returning to risk aversion amid new global restrictions to contain the coronavirus outbreak and the emergence of more widespread strains of the disease in conjunction with the annual holiday season.
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A new, more contagious strain of the coronavirus and new restrictions on global economic activities ahead of the holiday season led to new investor flight from risk and the beginning of new gains for safe havens.
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The DAX Index has been propelled lower with a strong gap in early trading today on rising concerns regarding news of a mutated coronavirus strain in the UK.
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The AUD/USD dropped strongly with the opening of markets on Monday amid reports of a new strain of COVID-19 spreading in south London.
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