Now: Upcoming Central Banks Decision Creating Uncertainty
FX markets show a chopping trend as price went up and down undecided which trend to move forward to. These situations caused by the uncertainties that is hovering in the markets as so many elements can affect the current market movement.
Right now, the markets participants are concerning with the rising of the inflation and also the recession in which will come after while the central banks are doing their best to control the inflation and trying to prevent a sharp plunge in the economic growth to prevent recession.
European Central Bank (ECB) will host a forum on the Central Banks, and we are expecting some statements from the Christine Lagarde concerning the upcoming policy that will be taken by the ECB.
28 June 2022