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

EURUSD
S&P 500
GBPUSD
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

European Union. CFTC EUR speculative positions. The value of the indicator has increased from -10.1K to 13.1K
14 March
United Kingdom. CFTC GBP speculative net positions. The value of the indicator has increased from 18.6K to 29.2K
14 March
United States. CFTC S&P 500 speculative net positions. The value of the indicator has increased from 32.1K to 80.6K
14 March
Japan. CFTC JPY speculative net positions. The value of the indicator has increased from 133.7K to 133.9K
14 March
Canada. CFTC CAD speculative net positions. The value of the indicator has increased from -143.8K to -142.4K
14 March
Top news
Germany’s inflation slowing in February is positive for ECB
14 March
Solana community rejected proposal SIMD-0228 to change inflation model
14 March
US Commerce Secretary announces upcoming tariffs on copper imports
14 March
Ethereum project developers are to launch new testnet for Pectra update
14 March
The US stock market has entered a period of correction
14 March
All news

Forecasts

GBPUSD sell
Period: 21.03.2025 Expectation: 1400 pips
GBPUSD is poised for a pullback towards the trend line
Chart analysis Indicators Hot news
14 March 2025 92
AntonVolkov
AntonVolkov
Listed among the best MarketCheese authors
2nd in the segment "Metals"
Brent buy
Period: 26.03.2025 Expectation: 670 pips
Brent prices may rebound amid trade instability
FA Other Wave analysis Indicators
14 March 2025 85
Alexandra_Belova
Alexandra_Belova
Listed among the best MarketCheese authors
1st in the segments "Currencies", "Crypto" and "Oil and gas"
Brent buy
Period: 31.12.2025 Expectation: 1000 pips
Buying Brent in case of price reduction to $60–65 per barrel
FA Other Chart analysis
14 March 2025 49
Nikolai
AUDCAD buy
Period: 21.03.2025 Expectation: 544 pips
AUDCAD may rise to 0.91242 due to worsening situation in Canada
Technical analysis FA Other Indicators Fundamental analysis
14 March 2025 30
Emilia_Gromova
USDJPY buy
Period: 18.03.2025 Expectation: 2640 pips
Buying USDJPY within descending channel targets of 150.10
FA Other Indicators and reports TA Other Indicators
13 March 2025 114
Elena_Dorokhina
Elena_Dorokhina
Listed among the best MarketCheese authors
1st in the segments "Indices" and "Metals"
2nd in the segments "Currencies" and "Oil and gas"
Natural gas sell
Period: 20.03.2025 Expectation: 494 pips
Gas prices fall amid warm weather forecasts
Technical analysis FA Other Indicators Fundamental analysis
13 March 2025 57
Elizabeth_Kuzmicheva
Go to forecasts