Summary of the most interesting economic events from the trading week of March 13-19, 2023

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 an interesting one for the data coming up.

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!

Sources:

https://www.investing.com

https://www.forexlive.com

Want to read a complete summary of economic events?

Arm yourself for victory

Market analysis and outlooks

Every week, we'll send you on our telegram channel fundamental and technical summary, emergency alerts and the outlook for the week ahead.

This will give you a better understanding of fundamentals and how we think about forex. Plus, you'll find all the important information you need in one place you need for your business.
More information
en_GBEnglish
linkedin facebook pinterest youtube rss Twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube Twitter instagram