WEEKLY MARKET RECAP: October 24 – October 28, 2022
Happy Friday, traders! Welcome to our weekly market wrap, where we look back at these last five trading days with a focus on the market news, economic data and headlines…
Keep track of the latest global market events as soon as they occur. Whether you are trading forex, commodities or other assets, our prime of prime services includes providing you with real-time market insights to power your strategies. We strive to ensure that our clients never miss a trading opportunity.
Along with daily market updates, you can check the list of scheduled economic releases that may impact prices. This will help you to adopt risk management strategies during market moving news releases.
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Happy Friday, traders! Welcome to our weekly market wrap, where we look back at these last five trading days with a focus on the market news, economic data and headlines…
Crypto industry disappointed as Australia looks to enshrine tax rules The cryptocurrency industry said on Wednesday it was disappointed with Australia’s decision to continue treating digital currencies as assets for…
Chinese Yuan Hits 15-Year Low on Political Jitters, Weak PBoC Fix China’s yuan hit its weakest level in nearly 15 years on Tuesday, while its offshore counterpart hit a new…
Dollar fends off another suspected intervention from Japan Suspected Bank of Japan (BOJ) intervention gave only brief respite to the Japanese yen as the dollar stayed strong on Monday, while…
Here is what you need to know about the important news between October 24th, 2022, and October 28th, 2022, where we take a look at the economic data, market news…
Happy Friday, traders! Welcome to our weekly market wrap, where we look back at these last five trading days with a focus on the market news, economic data and headlines…
Dollar rides Treasury yields higher, yen closes in on key 150 level The dollar loomed over major peers on Thursday as Treasury yields peaked at multi-year highs, while the yen…
Asian shares dragged lower by China, UK inflation on radar Asian shares were mixed on Wednesday, with investors cautious on China amid the ongoing Party Congress, while European markets are…
New Zealand Dollar Jumps 1% as Rising Inflation Spurs Rate Hike Bets The New Zealand dollar jumped on Tuesday after inflation for the third quarter blew past expectations, driving up…
Oil Rises as OPEC+ Members Voice Support for Supply Cut Oil prices rose on Monday, recovering some of last week’s losses as more OPEC+ members expressed support for a recent…
Here is what you need to know about the important news between October 17th 2022 and October 21st 2022, where we take a look at the economic data, market news…
Happy Friday, traders! Welcome to our weekly market wrap, where we look back at these last five trading days with a focus on the market news, economic data and headlines…
British Pound Rebounds on Report of Extended BoE Bond Buying The British pound rebounded in Asian trade on Wednesday after a report said that the Bank of England signalled to…
Dollar gains as geopolitical worries, rate hike fear rattle market The dollar hit multi-year highs on Tuesday against the risk-sensitive Aussie and Kiwi dollars and the yen hovered near the…
Asia FX Pressured by Hawkish Fed Fears, Dollar Steady Most Asian currencies crept lower on Monday, while the dollar steadied amid growing fears of more hawkish moves by the Federal…
Here is what you need to know about the important news between October 10th 2022 and October 14th 2022, where we take a look at the economic data, market news…
Happy Friday, traders! Welcome to our weekly market wrap, where we look back at these last five trading days with a focus on the market news, economic data and headlines…
Indian Rupee Hits Record Low of 82 as Rising Oil Prices Weigh The Indian rupee hit a record low against the dollar on Friday as rising oil prices, corporate dollar…
Asia FX Recovers, But Hawkish Fed Caps Gains Most Asian currencies recovered from recent losses on Thursday as pressure from the dollar and Treasury yields eased slightly, although hawkish signals…
Oil prices edge higher ahead of OPEC+ meeting to discuss supply cuts Oil prices edged up on Tuesday as expectations that OPEC+ may agree to a large cut in crude…