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    WillU FX Market Update 09.12.2021

    Job openings in the US gave the dollar further strength yesterday as it trades near the low not seen since October 2020 against Sterling, whilst the Euro held firm. The JOLTS job opening release showed a much larger than anticipated figure which shows opportunity in the labour market which could then lead to an increase in the non-farm data released at the start of every month.

    UK Prime Minister Boris Johnson was forced to impose tougher restrictions because of the Omicron variant. This is whilst being put under pressure with allegations that his staff broke lockdown rules with a Christmas party.

    Despite Asia gains, European stocks look set for a quiet open with the DAX and CAC40 moving down from the opens this morning. FTSE100 has performed relatively well in the opens this week, whilst trading at a high since November this year.

     

    Share Index Prev. Close Open
    FTSE100 7337.05 7337.05
    DAX 15813.94 15781.05
    CAC40 7065.39 7064.12

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