Weekly FX Update – 29 September 2017 (Video)

It’s been another very busy week in FX markets, starting with elections in Germany and New Zealand and followed by a huge amount of data releases and central bank policy maker appearances.

With central banks becoming far more active once again as the Federal Reserve, ECB, Bank of England and Bank of Canada all begin either tightening monetary policy or removing stimulus, officials are in demand and their comments are ensuring markets remain volatile. With geopolitical risk lingering in the background and US President Donald Trump unveiling his long-awaited tax reforms, there’s plenty to talk about.

Next week is unlikely to be any quieter, with numerous central bankers due to appear once again including Fed Chair Janet Yellen. The Catalonia (illegal) independence referendum over the weekend should provide an early talking point with investors already a little cautious on Spain’s IBEX ahead of the vote. There’ll also be plenty more economic data including arguably the biggest selection of them all, the US jobs report on Friday.

Senior Market Analyst Craig Erlam discusses all of this and more, and also gives his analysis on EURUSD (11:47), GBPUSD (13:24), EURGBP (14:46), AUDUSD (15:39), USDCAD (16:50), NZDUSD (18:10), GBPCAD (19:41), USDJPY (20:23), GBPJPY (23:17) and EURJPY (24:40).

Will Inflation Data Heighten or Calm Fed Fears?

GBP/USD – Pound Dips as UK Current Account Deficit Ballons

Trumps Reflation Trade on Hold

Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.