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Financial and Business News
UOB Group’s FX Strategists keep the mixed outlook in USD/CNH unchanged in the near term.
Copper is now heading towards previous peak of $10740/10850. A move beyond this area would
Gold price has risen to $2,000 for the first time since August 2020 as the
German Factory Orders rose by 1.8% MoM in January. German Retail Sales arrived at 10.3%
Eurozone’s investor sentiment got crushed in the third month of 2022; the latest data published
GBP/USD has declined toward key 1.3160 support early Monday. Next bearish target for the pair
EUR/USD drops further and clinches fresh 2022 lows. Geopolitics continues to 'prop up' risk aversion.
An extension of the recent strong USD rally assisted USD/JPY to regain positive traction on
GBP/USD is drifting towards the low of December at 1.3160 – removal of which would
Shiba Inu price action is mostly unchanged on its Point and Figure chart. Surprisingly,