Financial encyclopedia

Last trading day of 2022,
Review the performance of the gold exchange market with you

The U.S. dollar stands out among mainstream investment products
As the Fed raised interest rates like crazy this year,
Bond and stock markets are under pressure,
Money continues to chase the dollar,
The market was even more worried about the unilateral rise of the US dollar leading to a foreign exchange disaster.
The U.S. currency-weighted index rose nearly 10 percent in a few years

And the Russian-Ukrainian war
put pressure on the Ukrainian currency,
Russia, on the other hand, imposed foreign exchange controls due to sanctions.
Instead, the ruble rose

The top gainer on the list is both Brazilian Real,
Because the Brazilian central bank has raised interest rates by the largest in the world

And at the end of the package is Turkey, which has failed to control inflation.
Interest and inflation remain the focus of the global gold exchange market.

In terms of mainstream currencies,
The madness does not lose the market's expectations
Brothers and brothers,
It became the two worst-performing currencies among mainstream currencies

The gold market is under the Russian-Ukrainian war and the crazy global interest rate hike.
Big up and down,
Finally closed steadily,

The gold exchange market is turbulent,
Volatility can drive opportunities and profits,
Believe in 2023,
Traders still have plenty of opportunities,
Exhale and raise your eyebrows
Happy New Year to all.