
During the daily press briefing of Andres Manuel Lopez Obrador, it was announced that Mexico will receive 1.4 million doses of the vaccine by the end of January. Is that optimistic enough for the peso?
On Friday, the evergreen buck was buoyant versus the Japanese yen because some traders bought back the currency for the purpose of squaring positions ahead of a gathering of key bankers in Jackson Hole, Wyoming.
While Fed Chair Janet Yellen as well as ECB Governor Mario Draghi are supposed to stay on script in speeches later in the day, market participants are actually hungry for any signs on further American rate lifts, the timing of its balance sheet tapering and also whether the EU is still considering reining in stimulus.
Yellen is expected to deliver a speech at 1400 GMT. As for Draghi, his conference will start at 1900 GMT.
The evergreen buck turned to be a shade firmer being worth 109.640 yen having soared 0.5% overnight.
The US currency was braced for concluding 0.3% stronger versus the Japanese yen on the week, during which it had declined to 108.635 yen following geopolitical tensions coming from the Korean Peninsula.
During the daily press briefing of Andres Manuel Lopez Obrador, it was announced that Mexico will receive 1.4 million doses of the vaccine by the end of January. Is that optimistic enough for the peso?
The US unemployment claims are announced on Thursday at 15:30 MT time.
The Canadian monthly GDP is announced on Wednesday at 15:30 MT time.
Jump in to know the key market events and trading ideas for this week!
The Canadian central bank will make a monetary policy report and announce interest rates on Wednesday, January 20, at 17:00 MT time. Also, the BOC press conference will be held later.
USD’s rally takes a pause, while riskier assets are modestly rising.
FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.
Your request is accepted
Manager will call your number
Next callback request for this phone number
will be available in {time}
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later
Don’t waste your time – keep track of how NFP affects the US dollar and profit!
Beginner Forex book will guide you through the world of trading.
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.