The FOMC meeting: any surprises for the USD?
The Federal Open Market Committee will publish its meeting minutes on February 19, at 21:00 MT time.
Canadian CPI
| CPI (Consumer Price Index) is the main inflation indicator. As inflation affects monetary policy of a central bank, there are no doubts that traders should pay attention to CPI releases. The Bank of Canada continues to keep the interest rate unchanged. To raise the key rate the central bank needs a push from the economic data. If the CPI is greater than the forecast, the CAD will appreciate. Look at the CPI data at 15:30 MT time on May 18 to trade the Canadian dollar. |
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NZD: another surprise from the RBNZ
The Royal Bank of New Zealand held the interest rate at 1% today. As a result, the NZD rose by 50 pips!
Can you make a profit on American inflation?
The US monthly CPI is announced at 15:30 MT time on Thursday.
Latest news
The FOMC meeting: any surprises for the USD?
The Federal Open Market Committee will publish its meeting minutes on February 19, at 21:00 MT time.
Important events on February 17-21
Will coronavirus continue keeping the markets in fear? What releases should we wait for? Find out in the news!
TESLA needs more money
Tesla stock drops in premarket trades on Thursday. Why? See the article (it's short) and use it to your advantage.
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