The highlight this week will be central bank meetings in many parts of the world, including Japan and the Eurozone.
Blogs
BoJ Preview: JPY could weaken further barring a stronger signal that rates could be raised in spring – MUFG
The Japanese Yen (JPY) has continued to trade at weaker levels ahead of Tuesday’s BoJ policy update.
EUR/USD: Further downside potential based on the poor economic performance of the Eurozone – Rabobank
The US Dollar is the best performing G10 currency in the year to date.
GBP/JPY stuck in a tight range slightly above 188.00 ahead of BoJ policy
The GBP/JPY pair trades inside Friday’s trading range as investors shift focus towards the monetary policy meeting by the Bank of Japan (BoJ), which will be announced on Tuesday.
USD/JPY: Higher rates in Japan bundled with cuts elsewhere should give a stronger Yen ahead – Nordea
Over the past two years, we have seen that the major G10 currencies (except the Japanese Yen) have enjoyed the limelight at the cost of smaller currencies.
USD Index could trade out something like a 103.00-104.00 range – ING
The Dollar looks to be trading in a supported fashion. Economists at ING analyze USD outlook.
EUR/GBP has lots of support in the 0.8500/0.8550 area – ING
EUR/GBP has stayed pretty offered. Economists at ING analyze the pair’s outlook.
EUR/GBP improves to near 0.8580 on expected hawkish stance by ECB
EUR/GBP extends its gains for the second successive session on Monday, trading higher near 0.8580 during the European trading hours.
Gold price remains depressed amid expectations that Fed will keep rates higher for longer
Gold price (XAU/USD) struggles to capitalize on its two-day-old recovery trend from over a one-month low and comes under some renewed selling pressure during the Asian session on Monday.
Gold Price Forecast: XAU/USD unlikely to settle above $2,200 until the Fed tilts towards the dovish side – TDS
Gold performed poorly over the last week. Economists at TD Securities analyze the yellow metal’s outlook.