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.
In the week before Christmas, investors are unlikely to rush into decisions: All important information has already been received and only the finishing touches are left.
All major central banks will be in the spotlight this week as they gather for their last meetings of the year.
This week is expected to be full of a variety of macroeconomic reports – there will be plenty for the market to get excited about.