Q1 2022 Top Trade Opportunities
Analysts at DailyFX and tastytrade share their top trade opportunities across forex, commodities, and indices for Q1 2022.
Analysts at DailyFX and tastytrade share their top trade opportunities across forex, commodities, and indices for Q1 2022.
The transition to higher rates may hurt growth and tech plays in 2022, but the value segment can withstand this headwind, leaving the Dow Jones well-placed to outperform other equity indices.
The Australian Dollar remains in an ascending trend channel as commodity prices boosted it against a weakening US Dollar. Will AUD/USD trend remain intact?
The ISM Manufacturing PMI slip followed that of the IHS Markit print yesterday but employment and pricing measures may provide upside support for the U.S. dollar.
Crude oil is near its best level in six weeks as traders wait for OPEC+ to confirm whether they are going to increase daily oil supply by 400k barrels next month.
GBP rates markets continue to price in rather aggressive rate hikes throughout 2022, providing an opportunity for ‘carry trades’ involving low yielding currencies (Yen)
Gold prices have edged slightly higher after rising US yields and a stronger Dollar continues to weigh on the Bullion (XAU/USD).
Japanese Yen Weakness Persists as Bonds Sell-Off
Bitcoin remains just above an important level of support around $45.5k in dull trading conditions. Fantom and Near on the other hand are pushing ever higher.
NZD/USD gained overnight, as a weaker US Dollar and receding risk aversion boosted the currency pair. APAC markets may move higher today ahead of the New Year holiday.