The past year, like 2022, has been a period of geopolitical upheaval, conflict and natural disasters. However, we saw an increase in all key stock markets of up to +60%, and a recovery in business activity in Europe and the USA.
In the “Best Currency Pair 2023” category, the GBP/JPY pair wins. Throughout 2023, we could observe a prolonged price rally, which was largely explained by dramatic differences in monetary policy. Due to geopolitical tensions, demand for safe assets could have increased at any moment and brought down the rates, but this did not happen, and supporters of risky assets took a crushing victory. By entering the market on the first trading day of 2023, and closing trades on the last trading day, traders got $16611.25 on each lot, and by closing trades a month earlier, at the peak, even more $20,695 with an investment of only $400.
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