[Week 32 - 2022] Trades Recap and Trade Setups
Updated: Jan 20
Commodity prices such as corn, soybean and even crude oil fell throughout the week possibly giving more risk on attitude in the market as stock indices continue to soar. However, interest rate moved higher giving a boost in the dollar but risk on assets are not phased by it.
CPI will be the important highlight of next week as we get a sense on whether the rate increase helped in reducing inflation numbers.
Upcoming Economic Release:
Credit: ForexFactory.com Time: +8 GMT
Dollar Index (DXY)