Important upcoming events and publications for January, 15 (GMT):
10:30, 15:00 ECB President Mario Draghi speech in the European Parliament is able to cause volatility in pairs with EUR, if it will contain hints of a change in monetary policy rhetoric.
13:30 US Producer Price Index is closely monitored by markets as it is an early indicator of consumer inflation and overall price pressure. It is expected to maintain annual price growth rate at 2.5%. Publication can affect the dynamics of the #USD in case of deviation from expectations.
19:00-22:00 Parliamentary vote on Brexit does not have an exact scheduled time. During the day the nervousness of the markets can increase, influencing the fluctuations of the pairs with #GBP. It is expected that current plan will be rejected, and the attention of the participants will be drawn to how big the defeat will be and the government’s action plan.
See the detailed Economic calendar here
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- 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…
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- 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…
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