Important upcoming events and publications for April 11 (GMT):
12:30 U.S. Producer Price Index is an important inflationary indicator. The Overall figure is expected to remain at 1.9% y/y, which can be a reversal of the inflationary trend to growth after slowing down since the middle of last year, as was with CPI data yesterday.
13:30, 13:40, 18:00, 20:00 Speeches of the FED policymakers Clarida, Bullard, Kashkari and Bowman may cause the growth of volatility in the markets, as they are able to influence the market expectations regarding Fed Reserve monetary policy.
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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