IronFX has published the weekly report for the upcoming week, March 5th to 9th.

Preview what’s important in the market next week!

Next week’s market movers

• RBA’s, BoC’s, ECB’s and BoJ’s interest rate decisions, despite being forecasted to remain on hold are expected to move the market.
• US employment Data at the mid and end of the week are also set to move USD
• Canadian Employment data are also to get some attention on Friday.

On Monday, no major events are expected.

On Tuesday, during the Asian day, RBA’s interest rate decision is to be released. The bank is expected to remain on hold at +1.5%. AUD Overnight Index Swaps (OIS) seem to strengthen the argument for the bank to remain on hold as they currently imply a probability of 99.64%. Inflation rate seems also to trengthen the argument despite its recent slight acceleration to +1.9% yoy (year on year) from previous reading of +1.8% yoy, as it remains below the bank’s target range of +2.00% to +3.00%…

Check out the full weekly report by IronFX from below.

Weekly Report by IronFX for March 5th to 9th