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Forex Week Ahead Analysis: 3rd March

From blueberrymarkets.com Watch this video at https://www.forexfactory.com/news/1270467-forex-week-ahead-analysis-3rd-march.

Hello, fellow traders! As we gear up for another important week in the world of forex, it’s time to get ready for some key events that could really shake things up in the market. Let’s take a closer look at what’s coming up. Get ready to tune in to some central bank chatter this week! We’ve got speeches lined up from heavy hitters like the Bank of Japan (BoJ) and the Federal Reserve. These talks could give us valuable clues about where these banks are heading with their monetary policies, and you know what that means – potential market moves! Curious about interest rates? Well, you’re in luck because the Bank of Canada (BoC) and the European Central Bank (ECB) are both set to announce their decisions this week. Forecasts suggest that the BoC will likely keep rates steady at 5.00%, while the ECB is expected to do the same at 4.50%. But hey, surprises happen, so keep those eyes peeled! Let’s not forget about Switzerland! We’ve got the Consumer Price Index (CPI) month-on-month (m/m) data coming up, and it’s expected to show a jump from the previous figure of 0.2% to 0.5%. A higher CPI could shake things up for the Swiss Franc. Last but definitely not least, we’ve got the US Non-Farm Payrolls (NFP) report

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