EURUSD Market Update 27 Apr 2023
Next week we will have multiple important economic announcements from both Europe and US such as CPI from Europe and Interest Rate Decisions from FOMC and ECB.
Next week we will have multiple important economic announcements from both Europe and US such as CPI from Europe and Interest Rate Decisions from FOMC and ECB.
After the ECB Interest Decision rate announcement last week, this week is US Federal Reserve’s turn to announce their FOMC Interest Decision Rate. Do you think US Fed will raise only 0.25% as per the market’s consensus?
This coming week will be an interesting and volatile week as both US Federal Reserve and European Central Bank (ECB) will announce their interest rate decision in the same week. In addition to that, Europe will also release its GDP, CPI, and inflation rate economic data.
When we review the market news today, we realized that now the market is very extreme on upcoming CPI prediction in both different directions.
Time flies and now it is year-end again. Year-end is always a good time to relax, celebrate with your loved and review your trading result for 2022. Of course, it is a good time to plan for 2022 too. We also want to remind all our clients to be cautious about trading during the holiday season.
To ease all our users to use our Expert Advisors(EA) or trading bot easily, we intend to keep all our EA’s “looks and feels” as closer wherever possible. This article is to list all the common features of Limitless Trading Expert Advisors. We will update here for any new common features across our EA. Hence, please visit here on and off to keep yourself updated.
This coming week will be a very interesting (or we should say a volatile week) week for EURUSD as there are many important economic announcements scheduled in the coming week as follows
It is time for us to be cautious again for the EURUSD market.
Last week, FOMC raised the interest rate by 0.75% as expected and the stock market was rally after the interest rate announcement, but then the market turn bearish again after Powell’s speech. Powell has turned down the market’s hope of slowing interest rate hikes and the USD turned strong before Friday.