Forex News: 01/07/2022 - Yen enjoys some relief as oil prices cool off

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Yen bounces back as growth concerns pressure crude oil and yields. New quarter but investors still defensive - stocks, aussie, kiwi down. Striking part is that gold cannot capitalize, hits six-week low instead.

0:00 Intro
0:19 New Quarter
0:51 Yen
1:15 OPEC and Oil
1:24 Stocks
1:40 FX Market
1:52 Gold
2:16 ISM Manufacturing PMI
2:32 Events Ahead

For more information on the topics discussed in this video, including detailed charts and tables, read the full Daily Market Comment article:

https://www.xm.com/research/analysis/marketComment/xm/daily-market-comment-yen-enjoys-some-relief-as-oil-prices-cool-off-162892

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