China reported it is ready to cut the trade-war tariffs imposed on some goods imported from the US by 50%. Let's check whether market sentiment improved.
S&P, NASDAQ, DAX…
Trade Balance data will affect the USD and the CAD. Check levels for USD/CAD, USD/JPY, EUR/USD, and XAU/USD.
Check the levels for AUD/USD, NZD/USD, EUR/USD, and GBP/USD.
Brexit is done, while the Coronavirus keeps the markets on guard. What can Forex expect this week?
US ISM Manufacturing PMI release will have an impact on the USD. Comments on the FTA between the UK and the EU are anticipated during the day.
Brexit Deadline is the most significant event of the day. Plenty of European releases will affect the euro. Personel Income and Spending will affect the USD.
Market correlations and how to use them
BOE Meeting is the headliner of the day. American GDP Growth Rate may affect the direction of EUR/USD.
The Fed Meeting will determine the strength of the USD today.
American Durable Goods Orders level is the most important event of the day, Check levels for USD/JPY, USD/CAD, GBP/USD, and NZD/USD…
The coronavirus, the ECB and the Bank of Canada moved the currency market last week. What awaits traders in the upcoming days?