While economic data is on the lighter side in the week ahead, there’s plenty for the markets to consider. The BoC and the ECB are also in action in the week ahead.
A Dollar rally in the week, fueled by rising yields and FED Chair Powell, left the majors deep in the red in spite of economic data being skewed to the positive.
It was a bullish start to the month for the European majors, supported by impressive manufacturing sector PMIs. Reinflation concerns lingered, however.