Important upcoming events and publications for March 22 (GMT):
08:30 Germany PMI indexes are significant leading business indices for markets and often have a noticeable impact on market dynamics. The production activity index is expected to grow after 15 months of decline. Strong data are favourable for the euro.
12:30 Canada CPI has been slowing in annual terms since the middle of the last year. Inflation rates decline has been one of the main reasons for the prolonged pause in raising rates. A further price growth slowdown could further affect the central bank’s rate.
14:00 U.S. Existing Home Sales have been falling since the end of 2017, raising worries on the part of observers. The real estate market is often seen as an indicator of economic activity.
See the detailed Economic calendar here
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
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…
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