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
- USDJPY broke key resistance level 155.00 - Likely to rise to resistance level 160.00…
- Ebay reversed from support level 49.35 - Likely to rise to resistance level 52.55…
Even though the Bank of Japan left the key rate and parameters of the QE…
Market picture Market Dynamics: The cryptocurrency market stabilised, losing just 0.1% of capitalisation and dropping to…
- GBPCAD reversed from key support level 1.6910 - Likely to rise to resistance level…
- GBPAUD reversed from support level 1.9135 - Likely to rise to resistance level 1.9360…
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