Four Banks Fight Against Inflation
It will be the hottest week of September, with four central banks’ meetings, five PMI releases, and a lot to trade.
Bank of Canada’s meeting
| In the environment of uncertainty caused by trade wars, it is not likely that the Bank of Canada will raise the interest rate. However, every piece of information from the central bank will give new drivers the market sending USD/CAD either up or down. During the meeting at 17:00 MT time on April 18, the BOC Governor will define the nation’s future monetary policy. If the speech is hawkish, the Canadian dollar will be able to gain strength. The regulator’s press conference will start at 18:15 MT time. |
Similar
Can Gold Fall This Much?
Be ready to trade like never before, as this week may turn the market upside down. US CPI, EU Interest Rate, and many news to follow. Here’s what we have:
How Low Can the EUR Plunge?
Nothing can stop us from finding hgh quality trades and impactful news. This market wrap proves it, here’s what you need to know:
Latest news
The US Dollar Is Correcting
Inflation in Europe was released better than the forecast. The preliminary fact was published at 4.3%. What's happening in the markets?
Bearish Signal For The USD
XAUUSD fell below 1900 for the first time since March 2023. Meanwhile, the US dollar index gives a bearish signal. Read the full report to learn more!
Current Risks for Developed Economies
Oil prices are rising while the US government is on the verge of shutting down. How will it affect the market?
