This Week's Trading Opportunities

Wednesday, March 11th at 12:30 GMT

US CPI m/m

The Fed shocked the markets with its emergency interest rate cut and introduced the biggest cut since the financial crisis - 50 basis points. Many wonder if there was any need for such aggressive action, but obviously, the Fed wants to soften the blow of Coronavirus.

The upcoming US CPI m/m reading is going to tell us if inflation is going to be under the influence of Coronavirus, especially that we have a massive supply chain disruption.

How will the economic data drive the equities?

Thursday, March 12th at 12:45 GMT

ECB Rate Decision

The European Central Bank has limited room to act or soften the blow of Coronavirus by lowering the interest rates because they are already in a deep negative territory.

Germany is not happy with the ECB monetary policy, but given the fact that Italy is going to suffer the most from Coronavirus, the ECB needs to do something for the third biggest economy of the Eurozone. A technical recession is strongly on the cards for Italy, and it doesn't get any help from the ECB, then the pain will be even worse.

Will the ECB provide any help?

Friday, March 13th at 14:00 GMT

US Consumers Sentiment

Consumers have saved the US economy so far, and the economic numbers indicate that the US manufacturing sector is strong, and more importantly, it is still in the expansion territory. As long as the manufacturing sector remains strong, and doesn't fall in the contraction territory, we think consumer sentiment is likely to remain positive.

But this doesn't mean that consumers are going to remain immune to the on-going coronavirus situation.

Will the US consumers data help the oil price?

1 view


by WooHoo Ireland


Woooo Fx Education

Camden Street Lower, St Kevin's, Dublin 2, Ireland D 02 XE 80 | +353-214-651-000 |

currency hedger logo_small.png
woohoo fx eu_gdpr_compliant_logo.png

Trading in leveraged currency contracts comes with substantial risk. You must be aware of these risks before opening an account to trade. High leverage amplifies gains as well as losses, leading to potential loss of the entire account balance. Trading in leveraged currency contracts may not be suitable for every investor. Never speculate using money that you cannot afford to lose.

© 2019 by WoOHOo Fx. Proudly created with WoOHoO AI Ireland

  • Facebook
  • Twitter
  • LinkedIn
  • Instagram