Cryptocurrency faced major headwinds throughout 2022 as monetary tightening and recession fears took center stage. With inflation and rate expectations triggering the initial decline, the fundamental backdrop remains key for price action in 2023.
The Australian Dollar recovered going into the end of 2022 as the US Dollar peeled back from its astonishing run higher on the back of a Federal Reserve that got tough on fighting inflation.
The Australian Dollar recovered going into the end of 2022 as the US Dollar peeled back from its astonishing run higher on the back of a Federal Reserve that got tough on fighting inflation.
Developments on the technical charts suggest USD/JPY could settle in a broad range before making an attempt to retest its October 2022 high sometime in the coming months.
Developments on the technical charts suggest USD/JPY could settle in a broad range before making an attempt to retest its October 2022 high sometime in the coming months.
The British Pound enjoyed a strong last quarter of the year, especially against the US dollar, as the memory of the past UK government is priced out of the market.
The British Pound enjoyed a strong last quarter of the year, especially against the US dollar, as the memory of the past UK government is priced out of the market.
With the new year comes new opportunities and certainly a new technical landscape for EUR/USD and many other FX pairs.
With the new year comes new opportunities and certainly a new technical landscape for EUR/USD and many other FX pairs.
After an incredible 5 quarter climb from the US Dollar to two-decade highs, the market suffered its worst three-month retreat since 3Q 2010 over the final stretch of 2022.