The USD/JPY hit 114.49 on Friday, as worries faded that the Omicron strain would cause global economic shutdowns. In contrast, US inflation hit another low in November, increasing the Federal Reserve’s likelihood…
Category: Equities
EUR/USD Is Expected To Remain Stable At 1.13 Going Into The New Year Period
After testing the psychologically important level of 1.1300 for the second day in a row on Tuesday, the EUR/USD closed the day essentially unchanged at 1.1280. According to experts at ING, the…
Equities Received A Boost Ahead Of A Less Hawkish Stance Announcement By The Fed
While it is a big relief that stocks are bullish again, it is not a surprise. The general trend was set last year, but last week’s pullback confirmed buyer interest in the…
Equities and Security Returns Cowers to Concerns Over Growth and Tightening
Equities and security returns fell, and the dollar touched a 9-month high on Thursday in view of concerns over lagging growth as the year closes. These concerns were worsened by the possibility…