The world’s most-traded currency pair could reach a fresh 9-month high in the upcoming week, as markets compare the latest policy clues between the US Federal Reserve and the European Central Bank.

Concerns about an incoming economic slowdown have hit markets, while continued hawkish rhetoric by Fed speakers has added to negative risk sentiment.

This year has been fraught with market volatility, to say the least. As we bid goodbye to 2022, let’s recap 3 major themes, each beginning with the letter F, that rocked major assets over the past 12 months:

A sense of tension and anticipation gripped financial markets on Wednesday as investors digested new inflation readings ahead of the US Federal Reserve’s monetary policy decision.