Last month was mostly driven by market sentiment. The beginning of January was highlighted by the geopolitical crisis between the US and Iran. After the markets calmed down, the coronavirus that appeared at the end of 2019 spread causing depreciation of the risky assets and appreciation of the refuge assets.
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.
Finally, it happened: on January 31, 2020, the UK officially left the European Union. It was a long way since June 2016 when the Brexit referendum took place. Many things have changed. Nevertheless, it’s not the end yet.
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.
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 Aussie was boosted by the positive jobs data. The euro under pressure due to the ECB Meeting. Check levels for EUR/USD, EUR/GBP, USD/CAD, and AUD/USD.
The most important event of the day is the meeting of the BOC.
How to trade during Martin Luther King Jr Day.
British retail sales data is the main market driver of the day. Check levels for GBP/USD, EUR/GBP, AUD/USD, NZD/USD.
This week brought various economy news releases related to GBP. What is the layout of the British pound?
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