WEEKLY FOREX FORECAST; May 4, ECB Interest Rate Decision
On the May 4th, all eyes will be on the ECB Interest Rate Decision. Some analysts are predicting that the ECB may adopt a relatively hawkish policy outlook, which could help boost the Euro in the market. While the market is anticipating a 50 bps. rate hike, there is still some uncertainty around the final decision, which may depend on the release of the Eurozone CPI report on Tuesday. However, it’s almost certain that there will be a 25 bps rate hike.
WEEKLY FOREX FORECAST; May 3, Fed Interest Rate Decision
In this video, we’ll discuss the upcoming Fed Interest rate decision that is due on May 3rd.
Worth noting that the markets are expected to be more volatile this week than the previous week due to two major events – the upcoming meeting of the US Federal Reserve and the release of the US Nonfarm Payrolls data.
Many analysts anticipate the Fed will raise its benchmark rate by 25 bps.
At the same time, investors will be watching closely to see if this signals a more hawkish or dovish outlook from the Fed. A hawkish hike could indicate further rate increases to come, while a dovish hike may suggest the potential for a pause in future hikes.
In addition, the Friday’s upcoming Nonfarm Payrolls report will provide insights on how the tight labor market is affected by the current high-interest rates.
WEEKLY FOREX FORECAST; May 2, RBA Interest Rate Decision
In this video, we will discuss the upcoming RBA interest rate decision, which is set to take place on Tuesday, May 2. As the cash rate is currently at 3.6%, investors and borrowers alike have been anticipating the decision, especially after the RBA paused its series of rate hikes in April. This move was made in order to track the impact of previous increases.
Weekly Market Pulse: Apr. 24 – Apr. 28, 2023
Welcome to CMX Markets Weekly Market Pulse. In this digest you will find out the upcoming market releases that could affect your trades, so you can stay informed and make the right moves in the week ahead.
WEEKLY FOREX FORECAST; April 18 – 19; Canada CPI & UK CPI
In this video, we will be discussing the latest upcoming week releases for the UK and Canada. We will start by looking at the UK’s unemployment rate, as well as the Average Earnings Index+Bonus for February and the UK CPI reports (Mar).
Next, we will turn our attention to the Canada CPI forecast, which is due to be released on Tuesday, April 18.
Whether you are a pro forex trader or a beginner, this video will provide valuable insights into the latest macroeconomic indicators and their impact on Forex.
Don’t miss out on this opportunity to stay ahead of the curve and make informed trading decisions.
Weekly Market Pulse: Apr. 17 – Apr. 21, 2023
In this video you will find out upcoming releases that may help you in trading.