The RBA Places the Aussie Greenback in Focus Forward of Stats from the Eurozone and the U.S

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The Day Forward:

For the EUR

It’s a quiet day forward on the financial calendar. February unemployment figures for the Eurozone are due out later in the present day.

Barring an sudden spike, nevertheless, we don’t count on an excessive amount of affect on the EUR. New lockdown measures from late March are more likely to result in an increase within the unemployment charge near-term that may mute the impact of any constructive numbers.

Away from the financial calendar, count on COVID-19 information and updates on vaccination charges to additionally draw consideration after the vacations. An extra spike in new COVID-19 instances will probably be a priority near-term…

On the time of writing, the EUR was down by 0.03% to $1.1810.

For the Pound

It’s a quiet day forward on the financial calendar. There are not any materials stats to think about following the vacations.

Away from the calendar, with the UK making good progress on the vaccine entrance, information from the UK authorities on easing measures may also draw consideration.

On the time of writing, the Pound was up by 0.01% to $1.3901.

Throughout the Pond

It’s a comparatively quiet day forward on the financial calendar. JOLT’s job opening figures for February are due out later in the present day.

Following the spectacular nonfarm payroll figures from final week, nevertheless, don’t count on an excessive amount of affect from in the present day’s numbers.

That leaves chatter from Capitol Hill and FOMC member commentary in focus. Because the economic system heats up, will the extra cautious members of the FOMC stand by Powell’s promise of low for longer…

On the time of writing, the Greenback Spot Index was up by 0.02% to 92.610.

For the Loonie

It’s a quiet day forward on the financial calendar, with no materials stats from Canada to supply the Loonie with path.

An absence of stats will proceed to go away the Loonie within the arms of market danger sentiment on the day.

On the time of writing, the Loonie was down by 0.02% to C$1.2528 towards the U.S Greenback.

For a have a look at all of in the present day’s financial occasions, try our financial calendar.



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