4 Global Market Updates- 23 November, 2022

 

In this article, we have covered the highlights of global market news about the AUD/USD, USD/JPY, GBP/USD and USD/TRY.

AUD/USD faces more losses if it falls below 0.6570 – UOB

The 0.6530 level may be tested again if the 0.6570 barriers is passed, according to UOB Group economist Lee Sue Ann and market strategist Quek Ser Leang.

24-hour view: “Yesterday, we maintained that the Australian dollar “may decline to 0.6570 before a comeback is expected.” Our hopes were dashed when the Australian dollar fluctuated quietly between 0.6601 and 0.6650. The price movements look to be stabilizing, and today’s range for the Australian dollar is anticipated to be between 0.6615 and 0.6675.

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