4 Global Market Updates- 24 February, 2023
In this article, we have covered the highlights of global market news about the EUR/USD, AUD/USD, NZD/USD and GBP/USD. Before the Fed's favored inflation indicator, the EUR/USD maintained control around 1.0600. After a corrective recovery from a multi-day bottom that positioned the…
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EUR/USD is circling at multi-week lows under 1.0600.
The EUR/USD crosses 1.0600 while under further pressure. The following important event on the calendar is the EMU Final Inflation Report. The US docket's focus is on the Q4 GDP. The European currency's market movement remains muted owing to sellers,…
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4 Global Market Updates- 23 February, 2023
In this article, we have covered the highlights of global market news about the AUD/USD, XAU/USD, EUR/GBP and NZD/USD. AUD/USD: With the current prudence and weakening USD, the upside is limited below 0.6850. In Thursday's Asian trade, AUD/USD started a period of…
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NZD/USD squeezes around 0.6230 following hawkish RBNZ, Fed minutes in the spotlight.
Before releasing the Federal Open Market Committee minutes, the NZD/USD exhibits less volatility. US Treasury rates shot up on the rise in the probability that the Federal Reserve would keep tightening its policies. The Official Cash Rate of the Reserve…
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4 Global Market Updates- 22 February, 2023
In this article, we have covered the highlights of global market news about the USD/TRY, GBP/USD, USD/INR and EUR/USD. USD/TRY falls to $18.80 amid lethargic markets ahead of the FOMC Minutes, according to CBRT. As the US Dollar weakens ahead of the important Federal…
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