It’s a big week for the US Fed this week, as it meets to push through its first increase in interest rates since the pandemic, against an increasingly volatile situation in Ukraine. Last week, the markets witnessed parabolic moves for both oil and gold as risk-off sentiment increased, however, those moves didn’t last long and soon reversed.
As the trading bell tolls this week, the headlines will continue to be driven by fundamental factors, which will no doubt drive even further volatility if things seemingly get worse. In today’s Trade Zone Trading Week Ahead, we examine those severe moves in Oil and Gold, while also looking ahead at a few pertinent forex pairs, as well as the Nasdaq and Bitcoin. Watch the video below to get this week’s insights ahead of the market open.
Join us this Wednesday at 10PM AEDT (11AM GMT) as Boris and Kathy take you through another live market update, focusing on how price action is shaping up into the weekend. It’s the perfect session to get valuable insight into what’s hot in the financial markets, as well as give you the opportunity to ask the experts your questions in the live Q&A. Click the banner below to register. Registration is free.
Boris Schlossberg is Managing Director of FX Strategy for BK Asset Management, Co-Founder of BKForex.com, and Managing Editor of 60secondinvestor.com.
Widely known as a leading foreign exchange expert, Boris has more than three decades of financial market experience.
In 2007, while still at FXCM, Boris started BKForex with Ms. Kathy Lien. A year later, Boris joined Global Futures & Forex Ltd as director of currency research where he provided research and analysis to clients and managed a global foreign exchange analysis team with Kathy Lien.
Since 2012 Boris has focused exclusively on running BKForex.com where he generates trade ideas and designs algorithms for the FX market in partnership with Ms. Lien.
He is the author of “Technical Analysis of the Currency Market” and “Millionaire Traders: How Everyday People Beat Wall Street at its Own Game”, both of which are published by Wiley.
In 2020 Mr. Schlossberg started www.60secondinvestor.com a free website that distils the best of institutional investment research for retail investors.
Important Data Releases & Events this Week
AUD RBA Meeting Minutes
JPY Balance of Trade
USD Core Retail Sales
USD Fed Interest Rate Decision, FOMC Economic Projections, Fed Press Conference
AUD RBA Bulletin, Unemployment Rate
GBP BoE Interest Rate Decision
JPY Inflation Rate, BoJ Interest Rate Decision
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