Prepare yourself for an exciting week in the forex markets, as U.S. inflation reports and the Bank of Canada’s decision on interest rates are set to be the main attractions amidst ongoing trade disputes.
Last week, President Trump’s shifting stance on tariffs made headlines, while Germany’s ambitious €500 billion infrastructure plan triggered a global selloff in bonds and gave the euro a boost.
Currently, markets are predicting three interest rate cuts from the Federal Reserve in 2025, despite Fed Chair Jerome Powell’s efforts to assure everyone that the U.S. economy is stable. With the deteriorating trade situation between the U.S. and China and significant economic indicators due, we might witness another week of potential volatility among currency pairs.
Why don’t we dive into the details?
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