Forex News: 15/07/2022 – Euro/dollar sinks below parity but Fed provides life jacket

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Euro/dollar falls through parity, then reverses as Fed downplays 100bp rate
hike. Stock markets and oil prices follow similar path, but gold can’t catch a
break. Chinese economy contracts, Italian politics in the spotlight, key US
data eyed.

For more information on the topics discussed in this video, including
detailed charts and tables, read the full Daily Market Comment article:

0:00 Intro
0:17 Euro/dollar
0:41 Fed rate hike
1:25 Wall Street
1:39 Oil
2:06 Gold
2:28 Chinese economy
2:39 Italian politics

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Originally published at https://www.youtube.com/watch?v=dQAqOistQ1A

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