Financial and Business News
The US Dollar Index (DXY) appreciated 7.7% YTD to the year’s high at 96.9 in
Economists at DBS Bank expect the Swiss franc to weaken above 0.95 per US dollar
The mixed outlook could prompt USD/CNH to remain side-lined in the 6.3400-6.3900 range for the
German Retail Sales arrived at -2.9% YoY in November vs. -3.3% previous. Retail Sales in
GBP’s strong recovery from 2021’s year-end lows is losing momentum. As Benjamin Wong, Strategist at
GBP’s recovery from Covid peaked at 1.4212 in May 2021. In November, the Bank of
AUD/USD regained positive traction on Tuesday and recovered a part of the overnight losses. The
GBP/USD has managed to recover to 1.3500 following Monday's decline. In the view of FXStreet’s
Dogecoin price could expect a 30% ascent toward $0.224 if the bulls overcome one critical
Cardano price has formed a bottom reversal pattern, suggesting a 14% rally is likely. On-chain
