Fri, December 09, 2022

anne smith

Dollar, Aussie, Kiwi, monetary policy

The Dollar Is Flat as The Outlook for Growth Dims

The Dollar Is Flat as The Outlook for Growth Dims The dollar showed little movement on Wednesday. The Chinese yuan strengthened simultaneously as the authorities relaxed some of the nation’s zero-COVID regulations. Leading bankers from JPMorgan, Bank of America, and Goldman Sachs stated overnight that they are preparing for an economy that will deteriorate next …

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oil

Oil Prices Are Rising

Oil Prices Are Rising Oil futures rose on Tuesday, supported by signs that China may relax COVID-19 restrictions following protests that sent crude prices tumbling the previous session. Early on Monday, oil prices dropped sharply. They briefly wiped out their gains from 2022, as protests in China over the country’s stringent COVID-19 restrictions sparked worries …

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