Discover how policies and interest rate hikes of central banks impact forex and trading decisions.

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The Australian Dollar may react to today's trade data out of China where a Covid outbreak is ongoing. APAC traders are also weighing the chance for a 50-basis point rate hike from the RBNZ today.

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U.S. stocks rose earlier in the day after core CPI grew less than expected, but gave up all gains and finished lower as the macroeconomic environment remains challenging for risk assets.

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Market movements can be unpredictable. The stop loss can provide protection against losses.

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The Bank of Canada (BoC) interest rate decision may drag on USD/CAD as the central bank is expected to deliver its third rate hike in 2022.

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