Important upcoming events and publications for March 18 (GMT):
10:00 The eurozone trade balance shows growth due to higher European goods competitiveness after last year EUR weakening. In January it is expected the increase from 15.6 Bln to 17.2 Bln. Better than expected data can support the euro through speculations related to the economic situation improvement.
14:00 U.S. NAHB Housing Market Index rarely causes market movements, but participants may be interested in publishing in the absence of other important news. This index had decreased until December, highlighting the worries about the industry. In January and February, we witnessed growth, which is expected to remain in March.
See the detailed Economic calendar here
Market picture The crypto market has lost 3.3% in the last 24 hours to $2.3…
- 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…
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