FX Weekly Insights 11/12/22

Written By Luke Wellings


The week ahead there is a focus on Central Bank meetings: Fed, BOE, SNB and ECB.

The Key story (by Luke Wellings) details the seemingly favourable moves in the inflation picture but identifies Chinese re-opening and steadfast labour markets as areas of concern for central banks, especially the Fed and BoE. The increase in strike action and unionisation seems to be here to stay despite the strong actions made by Sunak and Biden, and could prove costly especially in the UK.

The Chart of the week (by Patrick Reid ) AUD/USD: Support .6606. Resistance .6874

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Luke Wellings
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