This week, the forex market saw a continuation of the US dollar’s weakness against major currencies. Risk-on sentiment fueled by strong equity markets and rising commodity prices led investors to favor riskier assets.
The coming week could see continued focus on central bank policy decisions. The ECB meeting will be a key event to watch, with investors looking for clues on the bank’s future path regarding interest rates. Geopolitical tensions and economic data releases will also be on traders’ radars.
Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.
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This category dives deep into the major currency movers and shakers of each week. We unpack the forces driving price action, analyze key economic data releases, and explore upcoming events that could impact the market. Gain valuable insights and make informed trading decisions with our comprehensive forex market reviews, published weekly.
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