Important upcoming events and publications for June 4 (GMT):
09:00 Euro area Consumer Price Index. Risks for EUR: high. It is expected a sharp slowdown in May from 1.7% y/y to 1.4% y/y against the ECB’s target of “just below 2%”. Stronger data are able to support the Euro.
13:55 Speech by fed Chairman Powell. Risks for USD: high. The speech is entitled “Monetary Policy Strategy, Tools, and Communication Practices”, and it can have a serious impact on the markets. The intention to keep the rate or soften the policy is able to put pressure on the Dollar.
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
This website uses cookies
