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BofA timezone analysis: US dollar buying during European hours was the theme
Bank of America Global Research provides a recap of FX in 2022 through the lens of time zone analysis. For this exercise, BofA split a 24-hour day into 3 different time zones: Asian hours from midnight GMT to 8am GMT, European hours from 8am GMT to 1pm GMT, and American (US) hours from 1pm GMT to midnight GMT. BofA then calculated the cumulative return of the year for each time zone.
"Through 2022, Europe-ba... Read More
Posted: Jan 11 2023, 18:53
Author Name: forexlive
Views: 102572