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New airstrikes in Syria. At night two additional areas were attacked. The US denies their participation. However, there was no specific reaction in the markets.
This week FOMC’s members give speeches. Traders, pay attention to their announcements.
However, the aussie did not react a lot. The AUD/USD pair is still above the pivot point of 0.7770. No important data for the aussie is anticipated in next several days, however, if the USD continues to fall, the AUD has chances to break the resistance at 0.7790.
The GBP/USD pair reached the resistance at 1.4376 but rebounded. We can expect the movement to the support at 1.4303. If bears are stronger than bulls, the next support for the pair is at 1.4263. However, according to the Ichimoku cloud, the uptrend will be resumed soon. It will continue for at least several days.
However, if the report brings something unexpected for the CAD, the USD/CAD will rise. The resistance is still at 1.2622.
There is no change in the direction of other currencies.
That is all for today. Follow markets news with us!
The UK’s key inflation rate rallied in February, although stayed close to January's two-year minimum, assisting customers to preserve their spending power even as Brexit was still uncertain…
The Monetary policy committee of the Bank of England will vote on the level of interest rate and release its monetary policy summary on March 21, at 14:00 MT time.
French quarterly surge is expected to strengthen in the first half of 2019 because consumer spending derives benefits from improving household incomes as well as reviving business confidence after protests at the end of 2018…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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