Welcome to our regular Monday recap of the most important fundamentals we've been following over the past week.

The latter was marked by central banks that surprised the markets to some extent.

Read on to keep up to date!

EUR

The European Central Bank raised its key interest rate by 25 basis points at its May meeting, signalling a slowdown in the pace of policy tightening.

USD

At its Wednesday meeting, the Fed raised interest rates by 25 basis points, as the market expected.

CAD

Along with the US, the Canadian labour market numbers came in on Friday, which, like the US ones, were positive/bullish for the CAD.

CZK

At its meeting on Wednesday, the Czech National Bank left its key interest rate unchanged, as expected.

And what's in store for the current trading week?

This week will bring less data. Still, some will be important for us.

On Wednesday, we will be interested in data on the US inflation rate, which will come at 14:30.

Sources:

https://www.investing.com

https://www.forexlive.com

Welcome to our regular Monday recap of the most important events we focused on in the last trading week.

The latter was somewhat dead on new incoming data, but a few things happened anyway that are good to remember.

Read on to keep up to date!

EUR

The week kicked off with a speech by ECB Executive Board member Isabel Schnabel, who mentioned that a 50bp rate hike is not off the table at the central bank's next meeting.

USD

US GDP data showed us last week that the US economy grew by an annualised 1.% in Q1 2023, according to a preliminary estimate.

AUD

Wednesday's inflation in Australia showed us a decline, which in itself is negative news for AUD.

JPY

On Friday, we turned our attention to the Bank of Japan meeting, which did not bring any change as expected.

And what's in store for the current trading week?

The current trading week will be a bit more varied for incoming data.

On Tuesday morning (6:30) we have the RBA meeting, which is expected to pause, as we mentioned above.

Sources:

https://www.investing.com

https://www.forexlive.com

Welcome to the quarterly F.X.C.G. news!

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Welcome to our regular Monday recap. Last week, the markets delivered mainly inflation data, which is where we focused our attention.

Read on to keep up to date!

EUR

On Wednesday, we focused our attention on inflation in the euro area. Headline annual inflation delivered its fifth consecutive month of decline and is at its lowest level since February 2022. Still, it remains high...

GBP

We also got inflation numbers from the UK on Wednesday, which were not positive on the face of it, but with headline inflation still in double digits, it's building up for the Bank of England.

CAD

The latest inflation data also came from Canada, where the annual headline inflation rate fell to 4.3 %, the lowest since August 2021.

NZD

Last but not least, on Thursday we turned our attention to New Zealand inflation data, which disappointed the market a bit.

And what's in store for the current trading week?

There will be much less of that this week.

On Wednesday, we turn our attention to inflation in Australia (3:30), where lower numbers are expected.

Sources:

https://www.investing.com

https://www.forexlive.com

Welcome to our regular Monday recap of the most important fundamentals that influenced our trading last week.

He brought us some data, especially from the USA and Canada.

Read on to keep up to date.

EUR

From the euro area, last week we received only the month-on-month retail sales data, which came in as expected.

AUD

Last week's Australian labour market numbers surprised the market significantly.

CAD

The Bank of Canada (BOC) left its key interest rate unchanged on Wednesday, meeting market expectations.

USD

Last week's expected news was the current inflation rate in the US, which brought lower numbers and the USD weakened in response to the data.

And what's in store for the current trading week?

This week will bring us mainly inflation data. On Tuesday at 14:30 the latest Canadian inflation data will be released.

Sources:

https://www.investing.com

https://www.forexlive.com

Welcome to the Easter recap of an important fundamental we focused on last business week.

Two central banks were meeting and we could learn something from each of them.

Read on to keep up to date!

EUR

Last week we only got PMI data from the eurozone, which was mostly positive for the euro except for the manufacturing sector.

GBP

We also got PMI data from the UK which, unlike the Eurozone, showed lower numbers and an overall negative for the British Pound.

AUD

The Reserve Bank of Australia left rates unchanged as expected at its April meeting.

NZD

In contrast, the Reserve Bank of New Zealand surprised the markets on Wednesday.

And what's in store for the current trading week?

The start of the current trading week will be slow through the Easter holidays.

Interesting data that we will focus on will come on Wednesday from the USA and Canada.

Sources:

https://www.investing.com

https://www.forexlive.com

Welcome to our regular Monday recap, where you will find a summary of the most important news that affected our trading in the past week.

In the summary, you will also find a description of our outlook for the EUR/CAD currency pair, which we sent to the group during the week, and our outlook for the current trading week.

Read on to keep up to date!

EUR

At the end of the week, preliminary inflation data in the euro area were released, which the market had been waiting for all week. Prior to the data, we were able to watch ECB Chief Economist Philip Lane's comments that rates in the Eurozone need to rise.

USD

We didn't get much from the US either. More interesting data came at the end of the week. In the last 3 months of 2022, the US economy grew by 2.6 %.

CZK

On Wednesday, the Czech National Bank left the base interest rate at its current level of 7 %.

TIP: watch the recording of the CNB press conference

And what's in store for the current trading week?

This week will again be much richer in incoming data that could bring volatility to the market.

On Tuesday, we'll turn our attention to the RBA meeting, which comes at 6:30am.

Sources:

https://www.investing.com

https://www.forexlive.com

Welcome to Monday's review of the most important fundamental that has been with us over the past week.

It was packed with central banks and we could expect a few surprises.  

Read on and stay up to date!

EUR

Not much data came out of the euro area last week. On Friday, we waited only for the release of the preliminary PMI numbers, which came out mostly positive for the euro except for manufacturing.

GBP

On Wednesday, the day before the BOE meeting, UK inflation data was released, which positively surprised markets but created more pressure on the Bank of England.

USD

The biggest event last week that we focused our attention on was Wednesday's Fed meeting, which decided to raise the benchmark interest rate by an estimated 25 bp.

CHF

At its meeting on Thursday, the Swiss National Bank raised its key interest rate by 50 basis points to 1.5 %, according to market estimates.

And what's in store for the current trading week?

The current trading week will be much weaker in terms of fundamentals. At least as far as scheduled data releases are concerned.

The first Australian inflation numbers we will focus on will come on Wednesday morning (1:30).

Sources:

https://www.investing.com

https://www.forexlive.com

Welcome to our regular Monday recap of the most important fundamentals we've been following over the past week. And this week will also be an interesting one for the data coming up.

Read on and stay up to date!

EUR

On Thursday, the European Central Bank (ECB) raised its key interest rate by 50 basis points, as expected.

USD

The US dollar remained volatile throughout the week and weakened significantly through the problems of some US banks.

CHF

The banking crisis continued to deepen, and after the problems with the US banks, we learned that the first European bank is also in trouble.  

Banking problems are always a very risky business because they do not cast a good light on the financial and banking system, which is losing stability.

And what's in store for the current trading week?

This week will be a bit more colourful again through the upcoming central bank meetings, on which we will turn our attention.

Tuesday will see the latest Canadian inflation data at 13:30 and a day later on Wednesday inflation from the UK (8:00).

Follow our group to stay up to date!

Sources:

https://www.investing.com

https://www.forexlive.com

Welcome to the regular Monday recap, which is extraordinary for an unexpected event that shocked the markets at the end of the week.

Read on to keep up to date!

EUR

The week started with positive retail sales data in the euro area.

USD

The US dollar experienced volatility last week for the first time in a while. Late in the week, the markets were hit by news of the collapse of the 16th largest US bank! California banking regulators closed Silicon Valley Bank's parent company, SVB Financial Group, on Friday.

CAD

In the second half of the week, we watched the Bank of Canada meeting and incoming Canadian labour market data, to which the Canadian dollar weakened.

AUD

Earlier in the week, the Reserve Bank of Australia (RBA) raised its base rate by 25 basis points, which was also in line with market expectations.

And what's in store for the current trading week?

In the current trading week, we will definitely turn our attention to the developments regarding the collapse of the US bank SVB.

Sources:

https://www.investing.com

https://www.forexlive.com

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