What is happening at the financial markets Today 22- JUNE 2022

in LeoFinance11 days ago

Hello, I'm sorry for disappearing in the past few days, I had to travel and was away from my house.

I want to report to you and catch up on what is happening today in the financial markets!

Let's start as usual with forex!

EURUSD

EURUSD_2022-06-23_18-35-30.png

we started the day with a downtrend because rumors came from Germany about a potential fuel crisis on the horizon.
Then kind of a rise in the price pair started upon the Federal reserve chief ( Gerom Paul) testimony in front of Congress.

Crypto

BTCUSD_2022-06-23_18-42-10.png

The cryptocurrency leader Bitcoin had a 23% correction in the past few days, I anticipate it to continue the downtrend to 16,000 for a starter.

Stocks

BABA_2022-06-23_18-46-11.png

Alibaba made about 7% today so far, because of Paul's testimony, the testimony showed uncertainty about the future of the US economy, which pushed the USD down which lead to pushing the bondes yield down, and pushed the stocks up.

If you have any questions, please feel free to ask me and I will do my best with you.