The main focus is on the UK as the Bank of England made an announcement this morning. Let’s see what’s happening with the British pound and what else moves the market today.
Information is not investment advice
April seasonal patterns weren’t supposed to work, but somehow they did. Even a strong fundamental issue such as the global recession amid the coronavirus couldn’t overwhelm it. That’s why May seasonal patterns may work as well.
Non-Farm Payrolls data will be released on Friday at 15:30 MT time.
WTI is at $23 per barrel. All problems got resolved suddenly?
The Bank of England gives the interest rate press conference on Thursday at 14:00 MT time.
The first days of May suggest the month will be risk-off for the GBP/USD. Here is why.
RBA will announce its interest rate on Tuesday at 07:30 MT time.
The US PMI will be released on May 1 at 17:00 MT.
The European Central Bank will unveil the refinancing rate and make the monetary policy statement on April 30 at 14:45 MT.
The US dollar has dropped ahead of the Q1 GDP report at 15:30 MT and the Fed announcement at 21:00 MT on April 29. Will it continue falling?
American advance GDP will be released on April 29 at 15:30 MT.
It’s a tough time for the Turkish lira. The USD/TRY is moving up strongly and aggressively.