Important upcoming events and publications for February 20 (GMT):
11:00 U.K. CBI Industrial Order Expectations can revive the quiet #GBP trading in the middle of the day, as it is able to attract the market participants attention to the business community fears due to uncertainty around Brexit.
15:00 Eurozone consumer confidence index declined sharply at the end of last year and reflected the prevalence of pessimism in January. A preliminary estimate for February is expected to mark a slight improvement. Sudden indicator drop can harm the #EUR recovery.
19:00 U.S. FOMC January Meeting Minutes draw the attention of market participants to the official rhetoric softening. At the end of last month, hints at further rate hikes were removed from the official commentary. If this time the Fed’s tone proves to be more cautious than the markets expect, it may cause #USD decline.
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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