Holiday trading conditions may start for the Dollar and broader markets in the coming week, but the range of important event risk may actually turn thin liquidity into charged volatility. With the debate around a pivot in fundamental and technical bearing for this benchmark, traders should keep a wary eye on this market.

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Despite the depth of major event risk this past week, there wasn’t a clear reconciliation for bearing behind risk assets like the S&P 500 nor the Dollar. We are heading into a well-known liquidity drain over the coming week, but congestion patterns like those from EURUSD are likely to find at least a break – if not a trend.

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The British Pound is under pressure going into the weekend after yesterday’s BoE rate hike indecision left traders unimpressed

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The Australian Dollar got dusted after the US Dollar regained its ascendency amid central bankers re-iterating their hawkish stance after a series of hikes. Will AUD/USD go lower?

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Bears made a noticeable re-appearance this week with a steely focus on 2023 price action, but will bears make a push into the end of the year or wait for the 2023 open?

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