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Investors and traders worldwide are keenly anticipating the European Central Bank’s policy announcements today.
Here are some major points to look out for:
Trade Of The Week: Will Central Bank Heavyweights Spark EURUSD Breakout?
Investors will be served a tantalizing combination of key economic reports and speeches from policymakers this week. However, the main course and potential market shaker could be the ECB’s three-day forum in Portugal’s Sintra which kicks off today.
JPY pressure is intense at the moment. 10-year US Treasury yields have moved above 3% and as long as those yields are rushing higher, momentum is bullish in USD/JPY. The BoJ continues to view the weak yen as mainly positive.
Allow me to begin with an important note: this article was published before Fed Chair Jerome Powell is due to make his Jackson Hole speech later today...
EURUSD Euro inflation Recession ECB US jobs report Nonfarm Payrolls US Dollar
Euro bears went on a rampage today, dragging the EURUSD to levels not seen in 20 years as traders cut bets on European Central Bank (ECB) rate hikes!...
Investors will be served a tantalizing combination of key economic reports and speeches from policymakers this week. However, the main course and pote...
JPY pressure is intense at the moment. 10-year US Treasury yields have moved above 3% and as long as those yields are rushing higher, momentum is bul...
USDJPY Japanese Yen Bank of Japan yield curve control RBA Reserve Bank of Australia AUDUSD Aussie risk sentiment DXY Dollar index Stocks S&P 500 ECB European Central Bank inflation FED FOMC Federal Reserve