Know which event will have significant impact on financial markets this week.
Heads up for the BoC interest rate decision.
The drivers behind the Australian Dollar’s rocky depreciation during Q3 mostly revolved around ongoing global trade disputes and widening interest rate differentials to the United States.
Forex market performance from last week. Learn from the past to grasp the market trends of the week!
It is no surprise the Brexit newsflow continues to dictate sudden fluctuations in the British pound.
The longer-term outlook is that the Euro remains undervalued against the Dollar at its current levels (around 1.15 at time of writing), and that these remain attractive valuations to consider purchasing the EU currency in the long run.
What to expect from the week ahead?
Monday 1st October: Weekly technical outlook and review.
The Federal increased interest rates on Wednesday by a quarter of a percent and signalled that the U.S. economy would benefit from three more years of growth.
What to expect? Interest Rate decision by Czech Republic’s CNB.