Week Ahead: 3 reasons why EURUSD may see a rebound

As we close out the month and head into the first days of March, here are the scheduled economic data releases and events that could move markets over the coming week:

 

Monday, February 27

USDJPY could see a freaky Friday

Yen traders are eagerly anticipating the slightest policy clues that may emanate tomorrow (Friday, 24 February), when Bank of Japan (BoJ) Governor nominee, Kazuo Ueda, addresses parliament.

USDJPY Japanese Yen rate hikes Bank of Japan BoJ hawkish surprise Kazuo Ueda

Mid-Week Technical Outlook: USD Firms Ahead Of Fed Minutes

A sense of caution enveloped financial markets on Wednesday as geopolitical tensions and concerns about higher U.S. interest rates hit risk appetite.

EURUSD USDJPY Gold DXY

Sentiment Shaky Ahead Of Fed Minutes And “Higher For Longer” Rates

Asian shares traded mostly lower on Tuesday along with US and European futures as investors adopted a cautious approach ahead of the reopening of the US markets after the President’s Day holiday.

Gold EURUSD USD Federal Reserve RBA China

Trade Of The Week: Will Data Heavy Week Trigger EURUSD Breakout?

The EURUSD remains trapped within a 150-pip range after euro bulls failed to conquer weekly resistance at 1.09.

EURUSD ECB Federal Reserve inflation Rates Hawk MACD

Week Ahead: 3 reasons to watch NZDUSD

The New Zealand dollar (NZD) is the second worst-performing G10 currency against the US dollar so far this month, with NZDUSD having fallen by about 3.4% month-to-date.

 

NZDUSD Kiwi RBNZ Reserve Bank of New Zealand rate hikes Federal Reserve

Market caution returns on hot US CPI data

Asian shares flashed red on Wednesday along with US futures as investors evaluated sticky American inflation data and remarks from Fed officials. European futures are pointing to a negative open this morning amid the cautious sentiment and this could find its way back to Wall Street later today.

inflation Federal Reserve USD Gold DXY Stocks

Trade Of The Week: GBPUSD Waits For Directional Catalyst

It has been a choppy affair for the GBPUSD.

Since late November 2022, prices have been trapped within a very wide range with support at 1.1850 and resistance at 1.2450.

GBPUSD BoE inflation rate hike sales SMA MACD

Week Ahead: USDJPY to feel the love this Valentine’s Day?

Roses are red, violets are blue,

new BOJ boss and US CPI are due.

This Valentine’s Day, USDJPY is set to react to major clues on what’s next for the US and Japanese central banks respectively.

USDJPY Japanese Yen US Dollar inflation Bank of Japan rate hikes

Mid-Week Technical Outlook: Commodities & Indices

European markets flashed green on Wednesday, tracking gains in Wall Street overnight. A less hawkish than feared Jerome Powell injected global equity bulls with renewed confidence, propelling the S&P500 more than 1%. Stock markets also drew fresh support from positive earnings which boosted market sentiment and sweetened the risk appetite. In the currency space. The dollar slightly dipped thanks to Powell, providing some room for G10 currencies to fight back.

Federal Reserve Jerome Powell inflation EURUSD S&P500 Nasdaq 100 FTSE100 EUROstoxx Gold
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