
Today traders await the US inflation data to be out at 15:30 MT. Jump in to get fresh trade ideas for today!
According to the Bank, the USD will be pressured in the long-term. Near-term risks seem balanced, however, over the next year, the US dollar will weaken.
The forecast for the euro is neutral as growth momentum to rebound is anticipated by the Bank, however, the ECB is supposed to be dovish.
The Japanese yen will be strong as external financial position improves, the currency will remain undervalued.
WTI is moving to the resistance at $71.15. A decline in the inventories will let WTI break the resistance. Otherwise, it will turn around to $68 (50-day MA and 200-hour MA).
That’s all for today! Follow market news with FBS!
Today traders await the US inflation data to be out at 15:30 MT. Jump in to get fresh trade ideas for today!
The American inflation rate is announced on Tuesday at 15:30 MT. It’s an important event for traders as it will impact hugely currency pairs with the USD.
In this article, you'll find the latest news and tech analysis of EUR/USD, gold, and GBP/USD!
US retail sales will be out on Thursday, April 15, at 15:30 MT. It is a significant release for traders as it will impact the US dollar.
As the earnings season kicks in, JPMorgan is the first to impress us with the better-than-expected data!
The Reserve Bank of New Zealand will hold a meeting on Wednesday, April 14, at 05:00 MT.
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