The Japanese Yen could be in for a bumpy ride this week with Fed Chair Powell set to testify and a Bank of Japan meeting amongst other data could be pivotal for USD/JPY direction.
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Etiqueta: DailyFX – Market News
Markets Week Ahead: Dow Jones, S&P 500, US Dollar, Powell, NFPs, RBA, BoC, BoJ
The Dow Jones and S&P 500 rallied as the US Dollar fell last week. Ahead, the RBA, BoC and BoJ set rates. Markets also await Jerome Powell’s testimony and non-farm payrolls data.
from DailyFX – Market News https://bit.ly/3JgWxtY
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S&P 500, Nasdaq 100 Forecast: Speculative Frenzy at Risk ahead of Key US Jobs Report
The speculative frenzy that triggered a rally in the S&P 500 and Nasdaq 100 this past week could end if U.S. labor market data beat estimates and bolster Fed rate hikes expectations.
from DailyFX – Market News https://bit.ly/3KRr42C
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GBP Weekly Forecast: Pound Eyes UK GDP Alongside US NFP
GBP/USD is preparing for some price volatility next week including UK GDP, Fed Chair Jerome Powell and US NFP data
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ISM Services PMI Virtually Unchanged amid Economic Resilience, Dollar Trims Losses
ISM Services PMI was virtually unchanged in February, clocking in at 55.1 from 55.2 in January, a sign that the economy remains extremely resilient despite rapidly rising interest rates.
from DailyFX – Market News https://bit.ly/3y92x1j
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Educ Arte Económico 