Forex Today: Busy week ahead with Fed, ECB, RBA, ISM, NFP, and more – by MSalordFX DollarIndex Currencies Macroeconomics
On Friday, Wall Street enjoyed a two-day rally thanks to better-than-expected earnings from big tech companies. However, the positive sentiment may be short-lived given the gloomy global growth outlook and renewed concerns surrounding First Republic Bank. Incoming economic data will be closely watched, although it could potentially be offset by central bank decisions.
It will be a busy week for the US Dollar, as the economic data set to be released includes the ISM PMIs, the ADP Private Employment, and the official employment report. The Federal Reserve will announce its decision on Wednesday, with market participants expecting a final 25 basis points rate hike. The US
finished the week little changed around 101.50. The DXY continues to hover around recent lows, holding above but with gains limited. The economic calendar for next week warrants volatility and may challenge the ongoing consolidation pace.saw a modest rise during the week, continuing to trade near one-year highs but struggling to consolidate above 1.1050. The Eurozone's Q1 GDP narrowly avoided a recession with a 0.1% expansion.
USD/CAD ended the week with little change after a considerable pullback on Friday, signaling a potential reversal that could continue. The pair reached its peak at 1.3667, the highest level in four weeks, before dropping back below 1.3550, despitewill release its employment report next week.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Forex Today: US Dollar extends rebound ahead of PCE inflation dataForex Today: US Dollar extends rebound ahead of PCE inflation data – by eren_fxstreet Majors Currencies Macroeconomics Commodities CryptoCurrencies
Baca lebih lajut »
Forex Today: A mixed US Dollar and cautious markets before crucial US dataDuring the Asian session, in New Zealand the ANZ's Business Outlook survey is due and in Australia, the Import and Export Price Index. Markets await c
Baca lebih lajut »
A busy mom of three tried the Peloton bike—here's her review - Today's ParentWhen I was offered the chance to try the pricey Peloton exercise bike, having never taken a spin class in my life, I was hesitant but intrigued. Here's how I quickly became a convert. peloton pelotonreview
Baca lebih lajut »
Forex Today: All eyes on US first-quarter GDP reportHere is what you need to know on Thursday, April 27: Ahead of the US Bureau of Economic Analysis' first estimate of the first quarter Gross Domestic P
Baca lebih lajut »
Forex Today: Markets Await US Advance GDP DataUS GDP Expected to Show 2% Growth; China Leads Asian Lower; Bitcoin Set to Test $30k Again; Soft Commodities Rise: Sugar, Cocoa ETFs Near Multi-Year Highs
Baca lebih lajut »
Forex Today: Market sentiment improves; Ueda's first BOJ meetingThe Bank of Japan will announce its decision at Ueda's first meeting; market participants will pay close attention to the details. In addition, Austra
Baca lebih lajut »