Weekly Forex Outlook: 21/07/2023 – Fed, ECB and BoJ decisions take center stage
July 21, 2023 12:19 pm
Following a relatively quiet week in terms of economic data and events, the spotlight now turns to three major central banks: the Federal Reserve, the European Central Bank, and the Bank of Japan. With investors anticipating only one more hike by the Fed, the focus will be on whether officials will signal the end of this hiking cycle, while with several ECB members pushing back on a September hike, it will be interesting to see whether Lagarde has also changed her stance. As for the BoJ, Governor Ueda’s latest remarks added to the likelihood of no action.
0:00 Intro 0:24 Fed bets and US dollar 2:36 ECB and euro 4:22 BoJ and yen 5:44 Upcoming data
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.
Following a relatively quiet week in terms of economic data and events, the
spotlight now turns to three major central banks: the Federal Reserve, the European Central Bank, and the Bank of Japan. With investors anticipating only one more hike by the Fed, the focus will be on whether officials will signal the end of this hiking cycle, while with several ECB members pushing back on a September hike, it will be interesting to see whether Lagarde has also changed her stance. As for the BoJ, Governor Ueda’s latest remarks added to the likelihood of no action.
0:00 Intro
0:24 Fed bets and US dollar
2:36 ECB and euro
4:22 BoJ and yen
5:44 Upcoming data
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-fed-ecb-and-boj-decisions-take-center-stage-183232
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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