The market calms down ahead of the Fed’s statement this evening.
Bank of Japan’s Meeting & Press Conference
|The Bank of Japan will join central banks’ September meeting marathon. Japanese regulator is expected to continue its extremely loose monetary policy aimed at reaching 2% inflation target. The regulator’s statement will come out at 06:50 MT time on September 21, and its press conference will start at 09:30 MT time.|
|The regulator’s meetings always give USD/JPY and EUR/JPY traders opportunities to make money during the Asian session.|
Optimistic vaccine news improved market sentiment. Stocks and riskier assets are rising, while the US dollar is dipping down. Let’s have a closer look.
The US dollar has started the week on the positive footing after the upbeat Friday’s NFP. However, later on, it lost some of its gains as the US stocks reversed from huge losses.
Follow Canadian core retail sales on September 18 at 15:30 MT time!
The US dollar gained after the Fed’s report, while riskier assets dropped. Let’s have a closer look.
Keep an eye on the UK monetary policy statement on September 17 at 14:00 MT time!