For the UK, it is another quiet week with only low impact events which will have muted impact on the Pound.
The Pound ended the week down by 0.66% to $1.3841.
There are a few important releases from Canada this week. The Bank of Canada press conference will be the main focus for the week and inflation will likely be a hot topic.
The Loonie ended the week down by 0.62% to C$1.2659 against the US Dollar.
For Australia, it’s a quiet week.
The Aussie Dollar ended the week down by 0.26% to $0.7686.
For New Zealand, it is another quiet week. Electronic card retail sales figures are due out on Wednesday ahead of Business PMI numbers on Friday.
The Kiwi Dollar ended the week down by 0.91% to $0.7167.
For China, it is a busy week. On Wednesday, inflation figures for February will also draw attention.
With the National People’s Congress continuing from last Friday, chatter from the Chinese government will also influence market risk sentiment.
The Chinese Yuan ended the week down by 0.36% to CNY6.4970 against the U.S Dollar.
For Japan, it is a quiet week with the 2nd estimate GDP numbers for the 4th quarter are due out on Tuesday.
At the end of the week, BSI Large Manufacturing Conditions Index numbers for the 1st quarter will draw interest. The markets will be looking for results to have improved and if so it may have a positive effect on the JPY.
The Japanese Yen ended the week down by 1.63% to ¥108.31 against the U.S Dollar.
This Week’s High Impact Events
The times below are GMT+2.
12.00– UK – BOE Gov. Bailey Speaks
Potential instruments to Trade: GBP Crosses.
No high impact events – low impact events in Japan, New Zealand, Australia and Europe.
If you have any questions or require any assistance, please contact one of our support team members via our Live Chat or email [email protected].
We are Errante. Trading made personal.
Errante is the trading name used by Notely Trading Ltd, an Investment Firm authorized and regulated by the Cyprus Securities and Exchange Commission (CySec) under license number [383/20]. Errante is governed by the Markets of Financial Instruments Directive (MiFID II) of the European Union.
Notely Trading Limited is an Investment Firm authorized and regulated by the Cyprus Securities and Exchange Commission (CySec) under license number 383/20, registration number HE394425 and with registered office at 30 Karpenisiou, 1077 Nicosia, Cyprus. The Company is governed by the Markets of Financial Instruments Directive (MiFID II) of the European Union.
The website (www.errante.eu) is operated by Notely Trading Ltd.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65.00% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Read our Risk Disclosure.
Errante brand is authorised and regulated in other jurisdictions:
Errante Securities (Seychelles) Ltd (https://errante.com/) is regulated by the Seychelles Financial Services Authority (FSA) under license number SD038.
Errante is a Trademark owned by an entity of the Errante Group. All other trademarks that appear on this website are the property of their respective owners.
Regional Restrictions: Notely Trading Ltd currently provides its services on a cross-border basis within EEA states under the MiFID regime. We do not provide our services to residents of certain jurisdictions including, but not limited to, USA, Syria, Japan, North Korea, Iraq, Belgium, and Canada. The Company holds the right to alter the above lists of countries at its own discretion.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65.00% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.Read our Risk Disclosure.
Functional Cookies help a site work well, they enable additional features which can make the user experience better.
If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.
Analytical and Promotional Cookies
Analytical cookies are used to determine usage of a site, they may track individual users, but only to the extent to allow a proper user journey through the site. They are not used for targeting adverts.
Promotional cookies keep track of information to tailor advertisements to you and to measure their success. This includes using previously collected information about your interests to select ads, processing data about what advertisements were shown, how often they were shown, when and where they were shown, and whether you took any action related to the advertisement, including for example clicking an ad or making a purchase.
Please enable Strictly Necessary Cookies first so that we can save your preferences!
Cookies are small pieces of information, normally consisting of just letters and numbers, which are automatically stored on your computer (or any other devise used to enter the Internet) when you visit a website and offer an insight your activity and preferences.