Weekly Forex Outlook: 21/04/2023 – Spotlight on BoJ meeting: US and Eurozone data eyed too
April 21, 2023 11:15 am
The Bank of Japan will hold its first policy meeting under the stewardship of Kazuo Ueda next week, although it’s looking unlikely that he will kick things off with a bang. The focus may therefore quickly shift to GDP numbers out of the United States and Eurozone where both economies are expected to have dodged a recession, while the all-important PCE inflation report will be one of the final pieces of the rate puzzle before the Fed’s May decision.
0:00 Intro 0:20 Bank of Japan 2:39 Eurozone GDP 3:35 EU Flash CPI 4:31 Euro 4:57 US Data 6:41 US Dollar
For more information on the topics discussed in this video, including detailed charts and tables, read the full Technical Analysis 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
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The Bank of Japan will hold its first policy meeting under the stewardship of Kazuo Ueda next week, although it’s looking unlikely that he will kick things off with a bang. The focus may therefore quickly shift to GDP numbers out of the United States and Eurozone where both economies are expected to have dodged a recession, while the all-important PCE inflation report will be one of the final pieces of the rate puzzle before the Fed’s May decision.
0:00 Intro
0:20 Bank of Japan
2:39 Eurozone GDP
3:35 EU Flash CPI
4:31 Euro
4:57 US Data
6:41 US Dollar
For more information on the topics discussed in this video, including detailed charts and tables, read the full Technical Analysis article:
https://www.xm.com/research/analysis/previews/xm/week-ahead-spotlight-on-bojs-ueda-as-first-meeting-looms-us-and-eurozone-data-eyed-too-178173
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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