The price has bounced up towards our profit target previously. Now we remain bullish above 119.45 support (Fibonacci retracement, horizontal pullback support, and recent swing…
Let’s take a look at the potential FX markets movers for Monday, 20th of March, which is a market holiday in Japan due to Vernal Equinox Day. It is one of two points during the year, the other being in the autumn, where the daylight and night hours are of equal length, and it is the official change of the seasons.
UK Rightmove house price update for March will be released just a minute after midnight GMT. Price of property coming to market was up by 2% or almost 6 thousand pounds in February and this was the smallest rise at this time of year since early 2009.
German PPI for February follows at 7 o’clock. Producer prices have grown for four consecutive months now, bringing annual reading to the highest level since March 2012.
Canadian wholesale sales for January are scheduled for a publication at a half past noon GMT. Sales have increased on three successive months now.
President and Chief Executive Officer of Federal Reserve Bank of Chicago Charles Evans will be speaking on Economy and Policy in New York at 5:10 PM.
A couple of reports regarding Australian economy wrap up this agenda at 12:30 in the morning, including a high importance publication of the RBA meeting minutes. Official interest rates remained at a record low of 1.5% in March.
House price index for the fourth quarter is the second and the final item for this calendar. Prices of residential properties for the weighted average of the eight capital cities rose 1.5% in the September quarter 2016.
That’s it, but do click back for the next report, when we’ll have a look at the potential FX markets movers for Tuesday. Goodbye.
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