Important upcoming events and publications for February 22 (GMT):
13:15 Series of speeches from FOMC members begins. In the next 9 hours, we will hear the statements of 9 Fed representatives, including answers to questions on the monetary policy report. It is necessary to be careful with the dollar and stock markets, as sharp movements are not excluded.
16:15 ECB President Mario Draghi will make a statement on the appointment him the honorary title of professor at the University of Bologna. However, the attention of investors will be focused on forecasts for the economy and monetary policy.
See the detailed Economic calendar here
- WTI crude oil reversed from support level 72.25 - Likely to rise to resistance…
- USDCAD reversed from support zone - Likely to rise to resistance level 1.4450 USDCAD…
- GBPCHF reversed from resistance zone - Likely to fall to support level 1.1200 GBPCHF…
- USDJPY broke resistance level 158.00 - Likely to rise to resistance level 160.00 USDJPY…
Oil prices are rising due to stronger than expected economic data from the US, the…
The cryptocurrency market experienced a decline due to speculation of tighter monetary policy. Bitcoin and…
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