Global Market Weekly Recap: Dec. 4 – 8, 2023

Forex News FX


It was a battle between the slowing global growth outlook vs. potential rate cut narratives this week in the global markets, with the former weighing the heaviest and leading to a strong week for the U.S. dollar.

Bitcoin and oil prices were the biggest movers, though, with the former seeing levels not seen since early 2022, and the latter making new lows on a weaking demand outlook for oil.

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