Analysts at Rabobank explained that perhaps the strange combination of some EM FX melting down and yet most major crosses doing nothing despite really odd headlines is a result of summertime trading and the fact that this week we get to look at lots of central banks again for once. Key Quotes: Tuesday, for example, has the BOJ, where we find out if all this bond-steepening and JPY gain has a real root-cause or not. Will they shift policy or just do nothing, or even double-down? (How?!) Wednesday it’s a Fed meeting (see our Fed preview: ‘Amazing rates’ here), but nobody is expecting anything to happen. The same is true in Brazil. By contrast, the RBI are meeting in India and certainly could move again. Thursday has the BOE, where the market is –amazingly given talk of the army on the streets””expecting a 25bp rate hike. Friday then has US payrolls data, which always has the potential for some market movement: will it be USD positive or negative due to its amazing pace? FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CNY clocks 11-month high of 6.8370 FX Street 5 years Analysts at Rabobank explained that perhaps the strange combination of some EM FX melting down and yet most major crosses doing nothing despite really odd headlines is a result of summertime trading and the fact that this week we get to look at lots of central banks again for once. Key Quotes: Tuesday, for example, has the BOJ, where we find out if all this bond-steepening and JPY gain has a real root-cause or not. Will they shift policy or just do nothing, or even double-down? (How?!) Wednesday it's a Fed meeting (see our Fed preview: 'Amazing rates' here), but… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
