Weekly Forex Outlook: 22/10/2021 – ECB, BoJ, and BoC meetings in the spotlight
October 22, 2021 10:34 am
It’s a huge week ahead, with three central bank meetings and a storm of data releases that will reveal how the major economies performed amid paralyzed supply chains. The Bank of Canada might signal that powerful rate hikes are coming, whereas the European Central Bank could push back against speculation of early tightening as Europe grapples with the energy crisis. Similarly, investors may have gone too far with pricing in aggressive rate increases in the UK and Australia.
0:00 Intro 0:21 Bank of Canada 1:31 Rate Hike Expectations 2:17 Loonie 2:47 European Central Bank 3:48 Euro 4:14 US GDP 4:50 US Dollar
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Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warning
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It’s a huge week ahead, with three central bank meetings and a storm of data releases that will reveal how the major economies performed amid paralyzed supply chains. The Bank of Canada might signal that powerful rate hikes are coming, whereas the European Central Bank could push back against speculation of early tightening as Europe grapples with the energy crisis. Similarly, investors may have gone too far with pricing in aggressive rate increases in the UK and Australia.
0:00 Intro
0:21 Bank of Canada
1:31 Rate Hike Expectations
2:17 Loonie
2:47 European Central Bank
3:48 Euro
4:14 US GDP
4:50 US Dollar
Risk Warning: 74.07% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en
Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warning
Receive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: http://www.xm.com/market-analysis-video
In-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD.
Visit our page for more: http://www.xm.com the international Forex broker.
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