The first two weeks of March will be massive for trading forex. We highlight the four factors that will drive major markets.
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Week Range 04/12/23 - 11/12/23
Instruments | 04/12/23 | 05/12/23 | 06/12/23 | 07/12/23 | 08/12/23 | 11/12/23 |
---|---|---|---|---|---|---|
US30 (USD) | 0 | 0 | 0 | 10.347 | 1.977 | 0 |
AUS200 (AUD) | 0.374 | 0.091 | 0 | 0 | 0 | 0 |
HKG33 (HKD) | 2.071 | 0 | 0 | 0 | 0.813 | 0 |
JPN225 (JPN) | 0 | 0 | 0 | 0 | 0 | 0 |
SPX500 (USD) | 0.014 | 0.222 | 0.133 | 0.731 | 0.104 | 0.021 |
UK100 (GBP) | 0 | 0 | 0 | 0.348 | 0 | 0 |
NAS100 (USD) | 0.146 | 0.391 | 0 | 0.736 | 0 | 0 |
EUSTX50 (EUR) | 1.996 | 0 | 0 | 0 | 0 | 0 |
FRA40 (EUR) | 8.48 | 0.368 | 0 | 0 | 0 | 0.154 |
ES35 (EUR) | 0 | 0 | 0 | 0 | 0 | 0 |
ESP35 (EUR) | 0 | 0 | 0 | 0 | 0 | 0 |
CHINA50(USD) | 0 | 0 | 0 | 0 | 0 | 0 |
INDIA50(USD) | 0 | 0 | 0 | 0 | 0 | 0 |
US2000(USD) | 0.064 | 0.037 | 0.035 | 0.204 | 0.104 | 0.015 |
SA40(ZAR) | 0 | 0 | 61.476 | 0 | 0 | 0 |
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The first two weeks of March will be massive for trading forex. We highlight the four factors that will drive major markets.
The EUR continues to perform well against other major currencies. With the upcoming ECB monetary policy meeting, we expect this to continue.
The Bank of England has joined the Fed in hiking by 75 basis points. However, this looks to be a dovish hike amid dissenting voters and a bid to rein in market expectations.
This week is heavy on economic data coming out from several corners of the world – here’s what to look for.
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