This week, FX markets were dominated by fresh monetary policy announcements. The most notable of which came from the Federal Reserve, the Bank of England, the Norges Bank and the Central Bank of the Republic of Turkey. Next week, the focus quickly shifts from policy announcements to individual central bankers as a swathe of speakers fill the economic calendar, largely due to the ECB’s forum on central banking taking place between the 28th and 29th of September. Rather than being in Sintra (Portugal) as has been customary, the event will take place online. The topic of the forum is “Beyond the pandemic: the future of monetary policy” and includes speeches from global central bank leaders along with individual Governing Council members. Additionally, the German Federal election, which is set to take place on Sunday, is likely to provide volatility for FX markets upon Monday’s open.
Read our latest Week Ahead here:
DOWNLOAD THE FULL REPORT
Authors:
Simon Harvey, Senior FX Market Analyst
Ima Sammani, FX Market Analyst