Oil Q1 Technical Forecast: WTI Still Alive $75
Oil’s price action in 2022 was one massive doji, but there was a lot of tension in between the open and close of the year.
Oil’s price action in 2022 was one massive doji, but there was a lot of tension in between the open and close of the year.
What a difference 12 months can make, throw in a couple of rate hikes, bankruptcies and increased regulatory scrutiny and what do you get?
What a difference 12 months can make, throw in a couple of rate hikes, bankruptcies and increased regulatory scrutiny and what do you get?
The Aussie dollar has enjoyed some much-needed support towards the end of 2022 but going into Q1 of 2023, much depends on inflationary pressures as well as overall risk sentiment.
The Aussie dollar has enjoyed some much-needed support towards the end of 2022 but going into Q1 of 2023, much depends on inflationary pressures as well as overall risk sentiment.
The Japanese Yen embarked on a comeback against the US Dollar during the fourth quarter of 2022. By mid-December, USD/JPY was down about 6.5%, marking the worst 3-month period since April 2016.
The Japanese Yen embarked on a comeback against the US Dollar during the fourth quarter of 2022. By mid-December, USD/JPY was down about 6.5%, marking the worst 3-month period since April 2016.
The British Pound has posted significant gains against both the Euro and the US Dollar since printing its YTD low in the aftermath of the Kwasi Kwarteng budget announcement.
The British Pound has posted significant gains against both the Euro and the US Dollar since printing its YTD low in the aftermath of the Kwasi Kwarteng budget announcement.
The European Central Bank (ECB) ramped up expectations of additional interest rate hikes next year at its latest monetary policy meeting, and if they are true to their word, then the Euro may outperform a host of other currencies in the first three months of 2023.