4 Global Market Updates- 13 December, 2022
In this article, we have covered the highlights of global market news about the EUR/USD, USD/CAD, USD/ZAR and NZD/USD. EUR/USD might reach 1.08 and 1.0950/1.1000 with a closing over 1.0600/10610 - ING The EUR/USD pair ended the day unchanged after failing to make a clear…
Read more
USD/JPY sights 137.00 as Fed policy fear increases.
As the risk-off sentiment intensifies, USD/JPY attempts to move its auction profile above 137.00. Market players' nervousness has increased due to conflicting opinions on the Federal Reserve's prognosis for its policies. The Bank of Japan is making vigorous efforts to…
Read more
4 Global Market Updates- 12 December, 2022
In this article, we have covered the highlights of global market news about the EUR/USD, NZD/USD, USD/CHF and USD/CAD. EUR/USD bears target 1.0510 as recession worries boost the US Dollar ahead of the Fed vs. ECB game. As traders anticipate this week's major developments…
Read more
Crude Oil Forecast: Recessionary Pressures Overcome Brent Despite Several Fundamental Tailwinds
TALKING POINTS FOR BRENT CRUDE OIL (LCOC1) The weekly crude stock decline is ineffective in dissuading crude oil bears. Brent receives welcome assistance when a key U.S. pipeline is shut down. The focus for the USD is on U.S. PPI…
Read more
Australian Dollar Forecast: The US Dollar Remains in Charge of the AUD/USD
Forecast for the AUD: Bearish The US Dollar still has control over the Australian Dollar. Inflation targeting monetary policy works, but some observers still need to remember that. After the RBA, it is the Fed's time to act. Does it…
Read more
