Yuri Papshev / Blog
Despite the strong report on the labor market, the British pound reacted rather reservedly to this publication. Probably, investors are waiting for the release of the inflation report on Wednesday (07:00 GMT) in order to start correcting their positions on the pound...
According to the head of the RBA, Philip Lowe, there are still "no serious arguments in favor of tightening monetary policy in the short term." In his opinion, "before the increase in interest rates will take some time...
Today, market participants will pay attention to the publication (at 15:00 GMT) of the preliminary index of consumer confidence from the University of Michigan. This indicator reflects the confidence of American consumers in the economic development of the country...
Today there are no particularly important publications in the economic calendar. However, market participants will pay attention to speeches (at 17:00 GMT) by Cleveland Federal Reserve Bank President (and voting member of the FOMC) Loretta Meister and Bank of Canada Governor Macklem...
Against the backdrop of the upcoming Fed meeting in March, investors' attention will be focused on the latest US inflation data. This week they will be published on Thursday (at 13:30 GMT). According to the forecast, the January consumer price index (in annual terms) will be 7...
Today, market participants will follow the publication (at 13:15 GMT) of the ADP report on the level of employment in the private sector, which, as a rule, has a strong influence on the market and dollar quotes. An increase in the value of this indicator has a positive effect on the dollar...
Today the Fed meeting begins, which will end on Wednesday with the publication (at 19:00 GMT) of the decision on interest rates...
Given the positive dynamics of the dollar, most likely, the decline in EUR / USD will resume. In this case, the pair will head towards the lower border of the descending channel on the weekly chart, which is currently passing through the 1.1450 level, and then towards the support level 1.1285 (23...
A confirmed breakdown of the zone of key support levels 1.1655, 1.1630 will mean the pair's transition to a long-term bear market with the prospect of a decline towards the lower border of the descending channel on the weekly chart passing through the support level 1.1285 (Fibonacci level 23...