Weekly Forex Outlook: 07/07/2023 – US inflation report, BoC and RBNZ meetings eyed
July 7, 2023 12:03 pm
Another action-packed week lies ahead, before trading conditions begin to wind down for the summer. The spotlight will fall on the latest US inflation report, which could cement expectations that the Fed will resume its rate-hike cycle this month. Central bank meetings in New Zealand and Canada will also be closely watched, especially the Bank of Canada rate decision, which is currently priced as a coin toss.
0:00 Intro 0:22 US dollar and US inflation 3:58 RBNZ and kiwi 4:56 BoC and loonie
For more information on the topics discussed in this video, including detailed charts and tables, read the full Weekly Forex Outlook article:
The Risk Warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date Risk Warning
Visit the XM Research Portal for your daily dose of market news and analysis, as well as live education sessions, and other useful trading tools: https://www.xm.com/research/analysis
In-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CAD, AUD/USD as well as gold, oil, stock indices, commodities and stocks.
Another action-packed week lies ahead, before trading conditions begin to wind down for the summer. The spotlight will fall on the latest US inflation report, which could cement expectations that the Fed will resume its rate-hike cycle this month. Central bank meetings in New Zealand and Canada will also be closely watched, especially the Bank of Canada rate decision, which is currently priced as a coin toss.
0:00 Intro
0:22 US dollar and US inflation
3:58 RBNZ and kiwi
4:56 BoC and loonie
For more information on the topics discussed in this video, including detailed charts and tables, read the full Weekly Forex Outlook article:
https://www.xm.com/research/analysis/previews/xm/week-ahead-us-inflation-report-boc-and-rbnz-meetings-eyed-182451
Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.
Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en
The Risk Warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date Risk Warning
Visit the XM Research Portal for your daily dose of market news and analysis, as well as live education sessions, and other useful trading tools: https://www.xm.com/research/analysis
In-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CAD, AUD/USD as well as gold, oil, stock indices, commodities and stocks.
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