The week was tough for risky assets due to the outbreak of coronavirus. Let’s see which currency pairs showed the best and the worst performance.
Information is not investment advice
Here we gathered the best and the worst performers of the week and the most volatile pairs .
The European Central Bank will meet today to discuss the current monetary policy and the fate of the quantitative easing program
Canada will publish the headline and core retail sales on January 24 at 15:30 MT time.
The European Central Bank will publish its monetary policy statement and announce the main refinancing rate on January 23 at 14:45 MT time.
The Bank of Canada (BOC) will release its rate statement alongside the monetary policy report during its meeting on January 22 at 17:00 MT time.
This week will bring us central bank statements and important economic indicators related to the main currency pairs. Read on to see which ones will be affected.
The recent Chinese figures bring optimism
On Wednesday, January 15, USD/CHF fell to the minimal level since September 2018. The pair declined after the United States put Switzerland on the watch list as a currency manipulator.
January 15 is when CHF was unpegged from EUR in 2015. What happened on the Forex market on that day?
NFP is awaited at the Forex market today. Before it comes, what is the setting across the major currencies?
Major banks expect the GBP/USD to stay between 1.30 and 1.3280. Learn more!