Bulls back in the saddle

By: Miguel A. Rodriguez

12:28, 12 January 2022

Dollar edges higher as FX markets focus on Powell testimony
  • #Oil rose to more than $83 a barrel, supported by tight supply and expectations that rising coronavirus cases and the spread of the #Omicron variant will not derail a global demand recovery
  • The dollar edged higher against a basket of currencies, as a bout of volatility in global financial markets kept demand for riskier currencies in check and as investors waited for Federal Reserve Chair Jerome Powell's testimony.
  • #Binance CEO Zhao has surpassed Mukesh Ambani, Asia's richest billionaire, and is nearly on par with Facebook founder Mark Zuckerberg, who is worth $124 billion
  • #BTCUSD exploded 2.2%
  • #WTIUSD exploded 3.2%

Share this article

This information/research prepared by Miguel A. Rodriguez does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The research analyst primarily responsible for the content of this research report, in part or in whole, certifies that the views about the companies and their securities expressed in this report accurately reflect his/her personal views and consequently any person acting on it does so entirely at their own risk.The research provided does not constitute the views of KW Investments Ltd nor is it an invitation to invest with KW Investments Ltd. The research analyst also certifies that no part of his/her compensation was, is, or will be, directly, or indirectly, related to specific recommendations or views expressed in this report.The research analyst in not employed by KW Investments Ltd. You are encouraged to seek advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit that conforms to your specific investment objectives, financial situation, or particular financial needs before making a commitment to invest. The laws of the Republic of Seychelles shall govern any claim relating to or arising from the contents of the information/ research provided.