Should we pay attention to statements made by various dignitaries?

Should we pay attention to statements made by various dignitaries?

22.03.2021

Last weekend, the rally in both European and U.S. stock markets came to a halt, giving way to a market environment characterized by falling stock prices, a weaker U.S. dollar, and rising interest rates. The yield on the 10-year U.S. Treasury note stood at 1.68%. Another factor contributing to the decline in stock prices was the Federal Reserve’s announcement that it would not extend the relief measures regarding the Supplementary Leverage Ratio (SLR) for major financial institutions, with the measures set to expire at the end of March.

The foreign exchange market opened with cross-yen pairs gapping down for the first time in a while. The euro/dollar pair also opened with a downward gap, and as of the current Asian session, the gap has not yet been filled, with the pair currently trading around 1.185. Oceania currencies are also trading weakly, with the declines in the Australian dollar/yen and New Zealand dollar/yen pairs particularly noticeable among the cross-yen pairs.

Today, the Chicago Fed National Activity Index is scheduled for 9:30 PM U.S. time, followed by remarks from Bundesbank President Weidmann at 10:00 PM and remarks from Fed Chair Powell at 10:00 PM.Additionally, at 11:00 PM, U.S. existing home sales data is scheduled, along with remarks by U.S. Federal Reserve Bank of Richmond President Barkin. Furthermore, remarks by U.S. Federal Reserve Bank of San Francisco President Daly are scheduled for 2:00 AM, followed by remarks by U.S. Federal Reserve Vice Chair Quarles at 2:30 AM. We will carefully monitor how these various key figures’ remarks impact market movements at the start of the week.

Past Market Reports

1. 22.04.2026New

   Will interest grow in the upside potential of the Swiss franc, which has risen against the yen?

2. 21.04.2026New

   With the euro-Australian dollar pair hitting new lows this month, attention is turning to how much further it might fall

3. 20.04.2026New

   Will the market wait and see how much further the U.S. dollar can rise against the yen?

4. 17.04.2026New

   Will the weakening Swiss franc recover? Attention is turning to price movements during European trading hours.

5. 16.04.2026New

   Market participants are likely keeping a close eye on the upside potential of the euro, which has risen against the U.S. dollar

6. 15.04.2026

   Should we keep an eye on remarks by key figures in the U.S. and try to gauge the direction of currency strength?

7. 14.04.2026

   Market participants are likely watching for signs of a rebound in the Canadian dollar, which fell against the U.S. dollar following the release of employment figures

8. 13.04.2026

   Will the weakening Swiss franc continue to strengthen against the yen, or should we wait and see?

9. 10.04.2026

   Will the U.S. dollar, which has fallen against the yen, continue its downward slide, or should we wait and see how the market moves?

10. 09.04.2026

    Should we keep an eye on the upside for European currencies that have risen against the U.S. dollar?