On February 18, American exchanges are closed on the Presidents Day holiday. Also, there is no important statistics from Europe today, so the trading will be a little calmer than usual.
Important events of the week
Tue, 12:30 UK Unemployment claims have grown for 7 consecutive months and is expected to grow further, which is seen as a sign of tension before Brexit.
Wed, 22:00 U.S. FOMC meeting minutes are in the focus of markets after the January easing of the Fed rhetoric.
Thu, 03:30 Australia employment change data very often spurs AUD pairs volatility. The recent RBA rhetoric easing has alerted markets by increasing fears of an economy cooling.
Fri, 19:00-21:30 Speeches by FOMC members. This density of speeches will help to understand the mood of the main participants. Potentially, it can support or reverse the trend of markets and the dollar.
See the detailed Economic calendar here
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…
- WTI crude oil reversed from the multi-year support level 66.70 - Likely to rise…
Japanese inflation is rising, with corporate goods prices inflation accelerating to 3.4% y/y in October,…
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