Weekly Market Pulse: Feb. 6 – Feb. 10
In this video you will find out upcoming releases that may help you in trading.
WEEKLY FOREX FORECAST; February 1-2, 2023 — The Fed; BoE & ECB Interest Rate Decisions
On Wednesday, February 1, we are watching out for the Fed Interest rate decision, as well as the Bank of England rate decision and the ECB meeting on Thursday.
This time, the Fed officials likely will opt for a 25 bp increase as inflation starts to ease, a more modest pace compared with 2022.
Meantime, the BoE and ECB are tipped to raise their benchmark rates by 50 bp.
At the same time, the investors’ focus will be largely on the central banks forecast regarding future monetary policy.
Weekly Market Pulse: Jan. 30 – Feb. 3
In this video you will find out upcoming releases that may help you in trading.
WEEKLY FOREX FORECAST, January 25, BoC Interest Rate Decision
In this video, we are talking about the BoC interest rate decision, due on January 25. Expectations are for a 25 bps increase, which would bring the central bank’s key interest rate to 4.5 percent. So, the market reaction should not be very different if the BoC either hikes by 25bps, which might be a signal that rates may have peaked; or if the BoC holds its benchmark rate, which would be a signal of another hike that could be on the agenda at the next March meeting.
Weekly Market Pulse: Jan. 23 – Jan. 27, 2023
In this video you will find out upcoming releases that may help you in trading.
WEEKLY FOREX FORECAST; The UK CPI; The BoJ Interest Rate Decision
In this video, we are talking about the UK CPI and the BoJ interest rate decision, due on Wednesday, January 18.
A lower-than-expected UK CPI readings could bolster expectations of a slowdown in the BoE’s rate hike pace or even an end to its tightening cycle.
At the same time, at Wednesday’s BoJ meeting, we are anticipating some clues regarding the BoJ further monetary policy, some signs of variances from the dovish stance, and what its position will be in the coming months as Kuroda’s current term ends in April.