Important upcoming events and publications for January 28 (GMT):
14:00, 16:00 Mario Draghi, ECB President, speaks in the European Parliament with a quarterly report on economic and monetary issues. The attention of the markets will be given to the assessment of the financial system and the future steps in monetary policy. Cautious rhetoric and “wait-and-see” approach can push the euro lower.
14:30 Mark Carney, Bank of England governor, speech and the follow-up session of questions and answers together with other Monetary Policy Committee members. The main topic of the forum is the future of money, but the answers to questions about the near future of monetary policy after Brexit may cause an increase of market interest and a surge of volatility.
See the detailed Economic calendar here
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
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