Weekly forex data: Fed’s meeting in view
Tighter measures against covid in the EU notably Germany have dented sentiment in some markets so far this week. Meanwhile gold is at a crossroads ahead of Wednesday’s meeting of the FOMC.
Tighter measures against covid in the EU notably Germany have dented sentiment in some markets so far this week. Meanwhile gold is at a crossroads ahead of Wednesday’s meeting of the FOMC.
Markets mostly started the week positively as the Oxford vaccine against covid was reported to be up to 90% effective in early trials. This weekly preview looks at key data coming up.
Joe Biden’s win in last week’s American presidential election has been very positive for shares and emerging currencies. This preview looks at claimant count change and other key releases this week.
More positivity started the week, this time from slightly better Chinese data. Here’s a look ahead at the key releases this week for forex markets.
This week’s key releases include inflation and GDP data from various countries plus meetings of the RBNZ and Banxico. Today’s preview looks at the symbols set to move around the news.
USD-MXN’s gains in March are still generally holding, with consolidation in evidence on the chart. Today’s TA looks at some key areas on the four-hour chart of dollar-peso.
The biggest events in markets this week are the meetings at the RBNZ, Riksbank and BdeM plus US inflation and German GDP.
The dollar lost strength against most currencies this week with the backdrop of impeachment proceedings.