Loans in China Getting Rolled Over   It is believed that China’s central bank will extend medium-term loans due this week. However, a survey by Reuters revealed that another push back is probably not on the cards.   The majority…

Strong Resistance for EUR/AUD   As the European Central Bank made a rather firm statement at last week’s meeting, the Euro climbed higher against every major currency. The EUR/AUD cross was trading at 0.3%, but it was still trading close…

Australia Overcoming Omicron?   Things are pointing in a better direction for Australia. Particularly, headlines speculate that Australia has now reached the peak of COVID infection from the current Omicron wave.   January 13th was the highest day for daily…

Ruble on the Decline   The ruble is diminishing in its appeal as the preferred currency of emerging-market investors due to Russia’s increasing tensions with the West. Stubborn inflation is also to blame for the decline.   Due to renewed…