Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
21 November 2022 | Other

The dollar strengthens amid growing fears of China about COVID

S&P 500
GBPUSD
EURUSD
USDJPY
USDCAD

The week began with a rapid growth of the U.S. dollar. The positive dynamics of the currency occurred due to purchases of protective assets, as investors' concerns after a spike in cases of COVID-19 forced officials to tighten restrictions. 

According to Reuters, an easing of restrictive measures is already unlikely in the near future because of the growing number of cases.

Carol Kong, a strategist at Commonwealth Bank of Australia, said the prospects for a Chinese market without Covid remain a key source of volatility today.

Company MarketCheese

Recommended

United States. 10-Year Note Auction. The value of the indicator has increased from 4.217% to 4.282%
Yesterday at 5:06 PM
European Union. Retail Sales (YoY). The value of the indicator has decreased from 2.1% to 1.7%
Yesterday at 9:00 AM
European Union. Retail Sales (MoM). The value of the indicator has decreased from 0% to -0.2%
Yesterday at 9:00 AM
European Union. PPI (MoM). The value of the indicator has decreased from 0.8% to -0.7%
Yesterday at 9:00 AM
European Union. PPI (YoY). The value of the indicator has decreased from -2% to -3%
Yesterday at 9:00 AM
Top news
European Union. Retail Sales (MoM). The value of the indicator has decreased from 0% to -0.2%
Yesterday at 9:00 AM
United States. Nonfarm Payrolls. The value of the indicator has increased from -133K to 178K
3 April
United States. Unemployment Rate. The value of the indicator has decreased from 4.4% to 4.3%
3 April
United States. Trade Balance. The value of the indicator has decreased from $-54.7B to $-57.3B
2 April
United States. ISM Manufacturing PMI. The value of the indicator has increased from 52.4 to 52.7
1 April
All news

Forecasts

Natural gas sell
Period: 31.05.2026 Expectation: 1100 pips
Selling natural gas down to $2.65
FA Other Indicators and reports Chart analysis Hot news
Yesterday at 11:12 AM 18
Reed_Marcus
USDCAD buy
Period: 31.05.2026 Expectation: 2500 pips
Investing in USDCAD as Middle East ceasefire holds
FA Other Indicators and reports Chart analysis Hot news
Yesterday at 10:55 AM 18
Sinclair_John
EURUSD buy
Period: 15.04.2026 Expectation: 1650 pips
EURUSD strengthens on eased geopolitical tensions and increased risk appetite
TA Other Technical analysis FA Other Indicators Fundamental analysis
Yesterday at 10:23 AM 11
Lyra_Moonwell1
NVIDIA Corporation buy
Period: 15.04.2026 Expectation: 800 pips
NVIDIA stock bounces back as geopolitical heat cools
Technical analysis Indicators Hot news Fundamental analysis
Yesterday at 06:52 AM 22
Emily_Foster
Gold buy
Period: 30.04.2026 Expectation: 4500 pips
Buying gold looks attractive as US inflation heads lower
TA Other FA Other
Yesterday at 05:00 AM 35
McCarthy_Raymond
AUDUSD sell
Period: 30.04.2026 Expectation: 870 pips
Selling AUDUSD as dollar strengthens
FA Other Chart analysis
Yesterday at 05:00 AM 18
Bruce_Powers
Go to forecasts