IG’s Week Ahead: RBA, BoC, RBI rates; China inflation data

In a week where corporates remain very much in the background, FX markets could be busy with three rate decisions.

Two will be of interest to IG clients with some possible movement around AUD/USD for the Reserve Bank of Australia (RBA), which is widely expected to move another 25-basis points. Then it’s off to Canada and a possible USD/CAD trade with the central bank likely to maintain rates at current levels.

Finally, we see Chinese inflation data which has been benefitting from cheap Russian oil coming onto the markets. 

 

Any opinion, news, research, analysis, or other information does not constitute investment or trading advice. 

 

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