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.

The Reserve Bank of Australia (RBA) is in the spotlight as it gears up for its upcoming meeting on Tuesday. Analysts are divided on whether there will be a 25 basis points (bps) rate hike, or if the RBA will maintain the current rate of 4.10%.

Looking back at the past week, it seems that most asset classes were stuck in their recent ranges, except for DXY which finally broke out of the range, closing above 102.