Get the Forex forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of December 27, 2021 here.
Last week’s Forex market saw quite a lot of price movement, although it was the lead-up week to the Christmas Holiday and there was very little high-impact data released. The only releases were Canadian GDP and the Reserve Bank of Australia’s meeting minutes, neither of which contained any surprises or moved the market significantly.. The US Dollar index ended the week notably lower.with most stock markets higher, including the benchmark US S&P 500 Index.
requiring hospitalization. This news helped lift risk sentiment, boosting stock markets and commodity currencies.against a basket of major foreign currencies for domestic depositors. The coming week is likely to see a lower level of volatility due to the extremely slow economic calendar and continuation of the, with market direction likely to be determined by the impact of the omicron variant.
The strongest growths in new confirmed coronavirus cases overall right now are happening in Argentina, Australia, the Bahamas, Canada, Cyprus, Ethiopia, Finland, France, Iceland, Italy, Kenya, Luxembourg, Malta, Nigeria, Portugal, Spain, Sweden, the UAE, the USA, and the UK.the U.S.
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