Welcome to our regular Monday recap of the most important fundamentals we've been following over the past week. And this week will also be interesting for incoming data.
Read on and stay up to date!
EUR
On Thursday, the European Central Bank (ECB) raised its key interest rate by 50 basis points, as expected.
USD
The US dollar remained volatile throughout the week and weakened significantly through the problems of some US banks.
CHF
The banking crisis continued to deepen, and after the problems with the US banks, we learned that the first European bank is also in trouble.
Banking problems are always a very risky business because they do not cast a good light on the financial and banking system, which is losing stability.
And what's in store for the current trading week?
This week will be a bit more colourful again through the upcoming central bank meetings, on which we will turn our attention.
Tuesday will see the latest Canadian inflation data at 13:30 and a day later on Wednesday inflation from the UK (8:00).
Follow our group to stay up to date!
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