How to trade CAD ahead of the GDP release?
Canada will publish its monthly GDP growth rate at 15:30 MT on January 31.
Will the ECB be hawkish this time?
The European central bank will release its monetary policy statement and conduct a press conference on April 10 at 14:45 MT time.
We don’t expect the ECB to change its interest rate which is currently kept at 0%. However, the ECB president Mario Draghi may provide some hints on the possible changes to the current monetary policy amid the global slowdown. Last time his dovish comments on the current economic weakness in Europe pulled the EUR lower. If he is more hawkish this time, the EUR will rise.
• If the ECB is hawkish, the EUR will go up.
• If the ECB is dovish, the EUR will go down.
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Will the BOE manage to keep the GBP standing?
The Bank of England’s interest rate announcement and monetary report will be out at 14:00 MT on January 30.
The sell-off across the markets
The week has started with a cautious note...
Latest news
How to trade CAD ahead of the GDP release?
Canada will publish its monthly GDP growth rate at 15:30 MT on January 31.
PFIZER: will it repeat the jump?
The famous pharma giant Pfizer is going to release its earnings report on January 28 at 17:00 MT time.
Will the BOE manage to keep the GBP standing?
The Bank of England’s interest rate announcement and monetary report will be out at 14:00 MT on January 30.
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