4 Global Market Updates- 10 January, 2023

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

EUR/USD might go over last May’s high of 1.0785 – ING

Yesterday, EUR/USD was able to edge up to a new high. ING economists predict that the pair may attempt the peak from last May at 1.0785.

The high cost of natural gas might hurt the Euro later in the year. “At this point, assuming today’s US event risks permit, we would like to support further EUR/USD gain. This can cause the EUR/USD to test the 1.0785 high from last May.

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