AUD\/JPY<\/strong><\/a> drops at the start of the week as risk-on risks continue to reverberate following Friday’s sell-off on Wall Street. At the time of this writing, AUD\/JPY is down around 0.3% and sits between 80.73 and 81.04. 4,444 US stocks fell on Friday following news of the latest spike in COVID19 cases affecting the economic outlook. The S&P 500 index fell 1% to 4,620.64, ending the session 1.9 percent lower on Friday, and futures fell similarly in Asia.<\/p>\nOmicron variants are spreading “at lightning speed” in Europe, and medical professionals have warned of the “virus snowstorm” powered by Omicron, which is sweeping the United States. US President Joe Biden talked about “a winter of serious illness and death” among unvaccinated people. The Omicron variant of Covid19 has “extraordinary ability to spread,” said a major US infectious disease expert on Sunday, promising to bring a dark winter as it “dominates the world.” In New York State on Friday, new daily records were reported with just over 21,000 new COVID 19 cases. In addition, consumer reaction to the Omicron epidemic in the UK suggests that the US service sector will also have a bad time despite the holiday season. Aside from Covid\u2019s risk, restrictive Federal Reserve and central banks could weigh on risk sentiment, and this week’s US inflation data will be monitored. Analysts at TD Securities said, “We expect a slowdown, but core PCE prices are likely to rise sharply again, albeit below the core CPI (0.42% vs. 0.53%).<\/p>\n","protected":false},"excerpt":{"rendered":"
AUD\/JPY remains important in 80.70S the risk-free market AUD\/JPY drops at the start of the week as risk-on risks continue to reverberate following Friday’s sell-off on Wall Street. At the time of this writing, AUD\/JPY is down around 0.3% and sits between 80.73 and 81.04. 4,444 US stocks fell on Friday following news of the<\/p>\n... continue reading<\/a>.","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[12],"tags":[146,56,24,156,201],"yoast_head":"\r\nAUD\/JPY remains important in 80.70S the risk-free market<\/title>\r\n<meta name=\"description\" content=\"AUD\/JPY drops at the start of the week as risk-on risks continue to reverberate following Friday's sell-off on Wall Street.\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.xtrememarkets.com\/MU\/aud-jpy-remains-important-in-80-70s-the-risk-free-market\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"AUD\/JPY remains important in 80.70S the risk-free market\" \/>\r\n<meta property=\"og:description\" content=\"AUD\/JPY drops at the start of the week as risk-on risks continue to reverberate following Friday's sell-off on Wall Street.\" \/>\r\n<meta property=\"og:url\" content=\"https:\/\/www.xtrememarkets.com\/MU\/aud-jpy-remains-important-in-80-70s-the-risk-free-market\/\" \/>\r\n<meta property=\"og:site_name\" content=\"Xtream markets\" \/>\r\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/xtreamforex.official\/\" \/>\r\n<meta property=\"article:published_time\" content=\"2021-12-20T08:09:15+00:00\" \/>\r\n<meta property=\"og:image\" content=\"https:\/\/www.xtrememarkets.com\/MU\/wp-content\/uploads\/2023\/07\/link-banner.jpg\" \/>\r\n\t<meta property=\"og:image:width\" content=\"300\" \/>\r\n\t<meta property=\"og:image:height\" content=\"150\" \/>\r\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\r\n<meta name=\"twitter:creator\" content=\"@xtreamforex\" \/>\r\n<meta name=\"twitter:site\" content=\"@xtreamforex\" \/>\r\n<meta name=\"twitter:label1\" content=\"Est. reading time\">\n\t<meta name=\"twitter:data1\" content=\"2 minutes\">\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":[\"Organization\",\"Place\"],\"@id\":\"https:\/\/www.xtrememarkets.com\/MU\/#organization\",\"name\":\"Xtreamforex\",\"url\":\"https:\/\/www.xtrememarkets.com\/MU\/\",\"sameAs\":[\"https:\/\/www.facebook.com\/xtreamforex.official\/\",\"https:\/\/www.instagram.com\/xtreamforex.official\/\",\"https:\/\/in.linkedin.com\/company\/xtream-forex\",\"https:\/\/www.youtube.com\/channel\/UCbbTuJV9XhurjZciRLdvFBg\",\"https:\/\/www.pinterest.com\/xtreamforex_trading\/\",\"https:\/\/twitter.com\/xtreamforex\"],\"logo\":{\"@id\":\"https:\/\/www.xtrememarkets.com\/MU\/aud-jpy-remains-important-in-80-70s-the-risk-free-market\/#local-main-organization-logo\"},\"image\":{\"@id\":\"https:\/\/www.xtrememarkets.com\/MU\/aud-jpy-remains-important-in-80-70s-the-risk-free-market\/#local-main-organization-logo\"},\"openingHoursSpecification\":[{\"@type\":\"OpeningHoursSpecification\",\"dayOfWeek\":[\"Monday\",\"Tuesday\",\"Wednesday\",\"Thursday\",\"Friday\",\"Saturday\",\"Sunday\"],\"opens\":\"09:00\",\"closes\":\"17:00\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.xtrememarkets.com\/MU\/#website\",\"url\":\"https:\/\/www.xtrememarkets.com\/MU\/\",\"name\":\"Xtreamforex\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.xtrememarkets.com\/MU\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/www.xtrememarkets.com\/MU\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.xtrememarkets.com\/MU\/aud-jpy-remains-important-in-80-70s-the-risk-free-market\/#webpage\",\"url\":\"https:\/\/www.xtrememarkets.com\/MU\/aud-jpy-remains-important-in-80-70s-the-risk-free-market\/\",\"name\":\"AUD\/JPY remains important in 80.70S the risk-free market\",\"isPartOf\":{\"@id\":\"https:\/\/www.xtrememarkets.com\/MU\/#website\"},\"datePublished\":\"2021-12-20T08:09:15+00:00\",\"dateModified\":\"2021-12-20T08:09:15+00:00\",\"description\":\"AUD\/JPY drops at the start of the week as risk-on risks continue to reverberate following Friday's sell-off on Wall Street.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.xtrememarkets.com\/MU\/aud-jpy-remains-important-in-80-70s-the-risk-free-market\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.xtrememarkets.com\/MU\/aud-jpy-remains-important-in-80-70s-the-risk-free-market\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.xtrememarkets.com\/MU\/aud-jpy-remains-important-in-80-70s-the-risk-free-market\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"item\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.xtrememarkets.com\/MU\/\",\"url\":\"https:\/\/www.xtrememarkets.com\/MU\/\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"position\":2,\"item\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.xtrememarkets.com\/MU\/aud-jpy-remains-important-in-80-70s-the-risk-free-market\/\",\"url\":\"https:\/\/www.xtrememarkets.com\/MU\/aud-jpy-remains-important-in-80-70s-the-risk-free-market\/\",\"name\":\"AUD\/JPY remains important in 80.70S the risk-free market\"}}]},{\"@type\":[\"Article\",\"NewsArticle\"],\"@id\":\"https:\/\/www.xtrememarkets.com\/MU\/aud-jpy-remains-important-in-80-70s-the-risk-free-market\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.xtrememarkets.com\/MU\/aud-jpy-remains-important-in-80-70s-the-risk-free-market\/#webpage\"},\"author\":{\"@id\":\"https:\/\/www.xtrememarkets.com\/MU\/#\/schema\/person\/45321100bcede4831a44b3131933cdff\"},\"headline\":\"AUD\/JPY remains important in 80.70S the risk-free market\",\"datePublished\":\"2021-12-20T08:09:15+00:00\",\"dateModified\":\"2021-12-20T08:09:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.xtrememarkets.com\/MU\/aud-jpy-remains-important-in-80-70s-the-risk-free-market\/#webpage\"},\"publisher\":{\"@id\":\"https:\/\/www.xtrememarkets.com\/MU\/#organization\"},\"keywords\":\"Best forex products,Best Forex Trading,Forex NEWS,Xtream Forex Education,xtreamforex\",\"articleSection\":\"Forex News\",\"inLanguage\":\"en-US\",\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.xtrememarkets.com\/MU\/#organization\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.xtrememarkets.com\/MU\/#\/schema\/person\/45321100bcede4831a44b3131933cdff\",\"name\":\"manishaxtream\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.xtrememarkets.com\/MU\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/6bbe06640aa1d8314a4dd4dd87880477?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/6bbe06640aa1d8314a4dd4dd87880477?s=96&d=mm&r=g\",\"caption\":\"manishaxtream\"}},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.xtrememarkets.com\/MU\/aud-jpy-remains-important-in-80-70s-the-risk-free-market\/#local-main-organization-logo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.xtrememarkets.com\/MU\/wp-content\/uploads\/2021\/04\/download-1.png\",\"contentUrl\":\"https:\/\/www.xtrememarkets.com\/MU\/wp-content\/uploads\/2021\/04\/download-1.png\",\"width\":225,\"height\":225,\"caption\":\"Xtreamforex\"}]}<\/script>\r\n<!-- \/ Yoast SEO Premium plugin. -->","_links":{"self":[{"href":"https:\/\/www.xtrememarkets.com\/MU\/wp-json\/wp\/v2\/posts\/9452"}],"collection":[{"href":"https:\/\/www.xtrememarkets.com\/MU\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.xtrememarkets.com\/MU\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.xtrememarkets.com\/MU\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.xtrememarkets.com\/MU\/wp-json\/wp\/v2\/comments?post=9452"}],"version-history":[{"count":1,"href":"https:\/\/www.xtrememarkets.com\/MU\/wp-json\/wp\/v2\/posts\/9452\/revisions"}],"predecessor-version":[{"id":9453,"href":"https:\/\/www.xtrememarkets.com\/MU\/wp-json\/wp\/v2\/posts\/9452\/revisions\/9453"}],"wp:attachment":[{"href":"https:\/\/www.xtrememarkets.com\/MU\/wp-json\/wp\/v2\/media?parent=9452"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.xtrememarkets.com\/MU\/wp-json\/wp\/v2\/categories?post=9452"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.xtrememarkets.com\/MU\/wp-json\/wp\/v2\/tags?post=9452"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}