4 Global Market Updates- 21 December, 2022

 

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

According to ING, GBP/USD may return to the 1.15-1.18 region in the new year.

The GBP/USD pair is struggling to get beyond the 1.2150 region. In the following year, ING economists predict that the pair will once again trade between 1.15 and 1.18.

The outlook for 2023 continues to be difficult. “Due to the many strikes, there won’t be many data releases in the UK in the next two weeks, and tomorrow’s first GDP report is unlikely to affect the market. Before the first week of January, there are no planned Bank of England speakers.

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