Market Analysis and News
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04 Mar 09.19
This Week: EURUSD consolidates at 200-SMA, busy week ahead!
The world’s most traded currency pair is likely to be volatile this week, as there are major risk events in the form of the ECB meeting, Fed Chair Jerome Powell testimony, the monthly US non-farm payrolls report and others.
01 Mar 01.54
Brent reaches week's high (~$83/bbl) amid netural US PCE reading
Brent crude briefly dipped below its 200-period Simple Moving Average (SMA) of $81.913 on Thursday, March 29th, before rebounding to $83 per barrel following the release of the US Personal Consumption Expenditures (PCE) data.