Get our ForexTrading strategies with our monthly & weekly forecast of Forex currency pairs worth watching using support & resistance for the week of January 24, 2022.
: Buying currencies with high interest rates and selling currencies with low interest rates.
Let us look at the relevant data of currency price changes and interest rates to date, which we compiled using a trade-weighted index of the major global currencies:January 2022 In my previous forecast last week, I made no weekly forecast, as there were no unusually strong counter-trend movements. Fading strong weekly counter-trend price movements is the basis of myI again make no weekly forecast, as there were no strong counter-trend price movements last week in the Forex market., as I expected, with 30% of all the important currency pairs or crosses moving by more than 1% in value.
olatility is likely to increase this week as the US FOMC will be reporting which is usually the major event in the Forex market each month. Last week was dominated by relative strength in the Japanese yen, and relative weakness in the New Zealand dollar.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin Loses $40K, Ethereum Below $3K: This Red Week's Crypto RecapIt was a bloody week on the cryptocurrency markets. Bitcoin lost the coveted $40K support while ETH is trading below $3K.
Read more »
NZD/USD stable in 0.6725 area after Thursday/Friday’s APac session drop, next week’s Fed meeting & NZ CPI data eyedNZD/USD stable in 0.6725 area after Thursday/Friday’s APac session drop, next week’s Fed meeting & NZ CPI data eyed By Frank_Macro NZDUSD RBNZ Inflation Fed
Read more »
Why scientists are racing to develop more COVID antiviralsThe first crop of antivirals against SARS-CoV-2 is promising. But new drugs will be needed to counter the looming threat of resistance.
Read more »
'Get Vaccinated or Else': The Anti-Vaxxers of the Winter Games Fought the Olympic Mandate. Did the Mandate Win?From the jab-denying American war hero to the snowboarder locked in a Chinese Holiday Inn Express, Rolling Stone reveals a shadow resistance against the Covid crackdown at Beijing 2022
Read more »
Why scientists are racing to develop more COVID antiviralsThe first crop of antivirals against SARS-CoV-2 is promising. But new drugs will be needed to counter the looming threat of resistance.
Read more »
Why scientists are racing to develop more COVID antiviralsThe first crop of antivirals against SARS-CoV-2 is promising. But new drugs will be needed to counter the looming threat of resistance.
Read more »