Weekly Forex Outlook: 28/04/2023 – Fed and ECB decisions set the stage for US payrolls
April 28, 2023 11:16 am
An explosive week lies ahead for global markets, featuring central bank decisions in the United States, Eurozone, and Australia, alongside the latest edition of nonfarm payrolls. The Fed is expected to raise interest rates one final time, so the dollar will react mostly to any signals around future action. But the euro might enjoy even greater volatility, as traders are split on the size of the upcoming ECB rate increase.
0:00 Intro 0:19 US economy 1:25 Fed decision 2:55 US dollar and employment report 4:04 ECB decision 5:42 EUR/USD
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
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.
An explosive week lies ahead for global markets, featuring central bank decisions in the United States, Eurozone, and Australia, alongside the latest edition of nonfarm payrolls. The Fed is expected to raise interest rates one final time, so the dollar will react mostly to any signals around future action. But the euro might enjoy even greater volatility, as traders are split on the size of the upcoming ECB rate increase.
0:00 Intro
0:19 US economy
1:25 Fed decision
2:55 US dollar and employment report
4:04 ECB decision
5:42 EUR/USD
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-fed-and-ecb-decisions-set-the-stage-for-us-payrolls-178562
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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