4 Global Market Updates- 19 December, 2022

 

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

AUD/USD: The Australian dollar rises above the 200-day moving average on mixed China news and a lackluster mood.

As a short-term moving average protects the Australia Dollar buyers early on Monday morning in Europe, the AUD/USD currency pair oscillates around the round number of 0.6700. By doing this, the Australian currency pair illustrates the market’s cautious confidence despite slow movements and a light calendar. However, the first daily advances in three days are cheered by the pair purchasers thanks to the widespread US Dollar weakening.

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