Huge move EURUSD.

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Relevant market risks I have on my radar (it's obviously not a comprehensive list and mostly unchanged from last week):

Europe:

Italian elections coming up, risk of a Euro-sceptic right-wing PM

huge uncertainty regarding the future of gas flows from Russia; an unexpected resolution of the conflict seems very unlikely, but it could escalate on multiple fronts (gas, energy, militarily) very quickly

UK: I don't have a clear idea about the impact of the Tory leadership race yet (potential for negative impact on the sterling is there given the comments from Liz Truss), the Northern Ireland protocol remains unresolved

Global markets: the risk from commodity market squeezes spilling over seems to have diminished a bit

China/Taiwan: keeping an eye on the Taiwanese stock market as a risk gauge
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