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EURUSD Rate Outlook Guided by March Range Following ECB Meeting

Euro Rate Talking Points EUR/USD trades to a fresh weekly-high (1.1324) even though the European Central Bank (ECB) shows a greater willingness to insulate the monetary union, and the failed attempt to test the 2019-low (1.1176) may spur a larger rebound in the euro-dollar exchange rate as it tracks the range-bound price action from the […]
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Top 5 Occasions: February UK GDP & GBPJPY Price Outlook

Talking Points: – The February UK Industrial Production Manufacturing Production, and GDP are due on Wednesday at 08:30 GMT. – Consensus forecasts expected UK industrial and manufacturing production to have contracted in February, and for GDP to come in flat. – Retail traders have started buying the Canadian Dollar, with USDCAD net-shorts having risen in […]
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Top 5 Occasions: March Canadian Jobs Report & USDCAD Price Outlook

Talking Points: – The March Canadian Employment Change report is due on Friday at 12:30 GMT. – Markets are expecting the Canadian labor market to cool off after exceptionally strong gains in January and February. – Retail traders have started buying the Canadian Dollar, with USDCAD net-shorts having risen in recent days. Join me on […]
Top 5 Occasions: March Canadian Jobs Report & USDCAD Price Outlook

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