With the intriguing US national debt ceiling situation about to be resolved, the currency section is awaiting amplitude price fluctuations: the market will be returning to normal.
This week will be packed with statistics and events, namely the G7 summit, and the meeting of the eurozone finance ministers. With monetary policymakers looking to break the economic deadlock, any productive outcome might be good news for stock market buyers.
The last week of April will not be rich in statistics, yet there will be interesting things to keep an eye on.
This week, market participants will be keeping an eye on Chinese reports and price components from other countries.
The Easter holidays gave the currency market a pause, but it's now time to get back to business as usual – there are more than enough catalysts for a move.
This week will bring a stream of important statistics for the currency market, with less activity expected on Friday as Western Christians prepare for Easter.
The week is not particularly report-heavy, so investors will be able to focus on the new components of the pricing environment and the details of business activity.
The meeting of the US Federal Reserve (Fed) will take place in the next few days. Expectations for its outcome are high: whether the banking crisis in the US and Europe will gain new momentum, or the situation will fade into the background depends on the regulator.
Signs of a US banking crisis are causing global investor anxiety. Investors are watching the behaviour of the USD and preparing to make trading decisions depending on its trajectory.
The currency market is going through a week of tension and stress with new forecasts for further action by the US Federal Reserve. This week, investors will try to figure out what to expect.
Investors are interested in safe assets that favour the US currency, but how long this will last is an open question.
There won't be many statistics this week, but the news backdrop will remain bright and tense.
Three interest rate decisions – from the Fed, ECB, and Bank of England – will be in the spotlight this week. On Friday, US employment reports are bound to significantly increase volatility.
This week, the focus will be on the Bank of Canada rate hike and inflation statistics from Europe and Australia.
There will not be much statistical data this week. The Monday holiday in the US and the anticipation of the Fed meeting at the beginning of February create the conditions for saving strength, and the currency section can take advantage of this.