Forex Daily Forecast, Analysis and Prediction

The Japanese yen has weakened since the beginning of trading this week.

Sterling weakness threatens to spill over into the final trading sessions of 2022 as traders look forward to what economists across the spectrum say will be another tough year for the UK.

The USD/CAD is trading near 1.36000 as of this writing with rather a fast price action being demonstrated.

The NZD/USD is near 0.63200 as of this writing with quick price action being displayed.

The EUR/USD exchange rate wavered on Thursday morning as the holiday mood continued.

The BTC/USD exchange rate continued to move sideways as investors capped one of the most disappointing years in cryptocurrencies.

The AUD/USD exchange rate has been tilting upwards in the past few days as investors reposition for the coming year.

The WTI Crude Oil market continues to struggle in general, as we have seen a lot of concerns about global growth.

The S&P 500 has done very little during the trading session to the upside, as we have simply drifted lower during most of the Wednesday session.

The NASDAQ 100 isn’t bringing anybody any holiday cheer, as we are now below the 10,800 level.

The Gold markets have fallen a bit during the trading session on Wednesday to show signs of hesitation.

The BTC/USD has fallen ever so slightly during the trading session on Wednesday, as it continues to look for some type of catalyst to get moving.

The USD/CAD has rallied against the Canadian dollar again as the crude oil market felt rather hard during the trading session on Wednesday.

The USD/JPY rallied a bit during the session on Wednesday to break above the ¥134 level.

The EUR/USD has gone back and forth during the session on Wednesday, as we continue to hang around this overall area.