The global market remains volatile, with the dollar gaining strength against most other major currencies. Investors are carefully watching economic data and central bank policies to assess the future direction of currency valuations.

The market is expected to be sluggish this week due to a lack of major economic reports. The US dollar is currently strong despite negative economic data. The major currencies (EUR, GBP, NZD) are expected to continue their downward trends in the near future. Bitcoin is experiencing a bullish run but might face a technical correction soon. The RBNZ rate decision is the key event to watch for the New […]

The market is cautious and waiting for key data releases this week, particularly Japan’s inflation data and potential news from the ECB and BoE. The news background this week could be crucial for the EUR/USD and GBP/USD, with inflation data potentially impacting central bank policies and market sentiment.

Market Recap: Last week was a celebratory one for investors, with US stocks reaching new highs thanks to strong performances from tech and AI companies. While the positive sentiment continues, this week brings potentially impactful data releases and central bank decisions that could shake things up.

Oil prices expected to continue rising. Gold could correct in the short term. Euro/Dollar outlook uncertain, dependent on upcoming data. Here’s your Market outlook for today:

This week looks to be relatively quiet in terms of data releases and market activity, providing investors with a chance to catch their breath and focus on analysis and forecasts. However, there are still some key events to watch out for:

Compared to the busy previous week, this week’s economic calendar is lighter, offering investors a chance to catch their breath. However, several key events could still impact markets, particularly on Tuesday and Thursday.

The Federal Reserve may consider cutting interest rates despite strong economic data if inflation slows down. The US dollar is likely to weaken in the late spring and early summer due to potential Fed easing. GBPUSD may experience a correction in the short term but could rebound later. EURUSD has the potential to rise in the near future. Bonus: Short-term forecasts for BTCUSD, XRPUSD, and ETHUSD