Weekly analysis on fx and crypto market

The markets this week will be
heavily driven by COVID
news, we have seen a huge
sell off in stocks, crypto and
FX markets due to fear over
OMICRON. As of now there is
very little we know about it.
how do the current vaccines
defend against it, is the
infection rate increased
compared to the DELTA
variant etc... It will take more
weeks until we can get these
answers, until then, we are in
a Risk-Off market, meaning
it's highly likely JPY and CHF
will see continued strength
along with the USD.