- Analytics
- Market Opportunities
Market Opportunities : Week 08-04-2024 - 12-04-2024
EURUSD: European Central Bank interest rate decision is an important event for forex market. European Central Bank will hold its conference on April 11. Inflation is receding in the euro zone, and there is uncertainty when the ECB will lower rates while it is widely expected it will happen in the second quarter of the year. It is widely expected that ECB will stand pat on April 11 but a dovish statement against the backdrop of receding inflation in euro zone will be bearish for EURUSD.
Date | Country | Event | Forecast | Previous |
---|---|---|---|---|
2024-04-10 | NZD | Reserve Bank of New Zealand Interest Rate Decision | 5.50% | |
2024-04-10 | CAD | Bank of Canada (BoC) Interest Rate Decision | 5.00% | |
2024-04-10 | USD | EIA United States Crude Oil Stocks Change | ||
2024-04-11 | EUR | European Central Bank (ECB) Deposit Facility Rate Decision | 4.00% | |
2024-04-11 | EUR | European Central Bank (ECB) Interest Rate Decision | 4.50% | |
2024-04-11 | EUR | European Central Bank (ECB) Marginal Lending Facility Rate Decision | 4.75% | |
2024-04-11 | EUR | European Central Bank (ECB) Monetary Policy Press Conference | ||
2024-04-12 | NZD | New Zealand Electronic Card Retail Sales m/m | 0.4% | -1.8% |
2024-04-12 | SGD | Singapore Gross Domestic Product (GDP) q/q | 1.0% | 1.2% |
2024-04-12 | GBP | United Kingdom Manufacturing Production m/m | -0.4% | 0.0% |
2024-04-12 | GBP | United Kingdom Gross Domestic Product (GDP) m/m | 0.0% | 0.2% |
2024-04-12 | GBP | United Kingdom Gross Domestic Product (GDP) 3m/3m | -0.1% |