Forex Weekly Market Outlook ECB Interest Rate Decision

ECB Interest Rate Descision

European Central Bank (ECB)

The ECB Interest Rate Decision remains the main event for the markets

Netflix’s stock has fallen percent of the last session the RSI is currently negative.

Gold has lost 0.1% of the last session the Williams Oscillator is currently neutral.

USDJPY has shown slight gains in recent sessions up 0.1% of the last session the Williams oscillator is currently neutral.

Bitcoin has fallen 2.9% in the last session the ATR remains in the high volatility area.

 

German Trade Balance will be released on Monday at 6:00 GMT

Swiss Unemployment Rate Tuesday at 5:45 GMT

ECB’s Interest Rate Decision Wednesday at 11:45 GMT

US CPI Wednesday at 12:30 GMT

German Harmonized Index of Consumer Prices Thursday at 6:00 GMT

US Michigan Consumer Sentiment Index Friday at 14:00 GMT

 

Crypto legend Michael Novogratz tweeted that the LTC rally makes no sense and called to buy Bitcoin instead.

The S&P 500 swung between gains and losses as investors waited for more clarity on the US-China trade talks.

Sterling dropped considerably after the BOE governor warned that the risk of an No Deal Brexit is alarmingly high.