Keep an eye on price movements this Friday
19.11.2021
- Remarks by ECB President Lagarde
- Remarks by Clarida, Vice Chair of the Federal Reserve
Yesterday, two of the three major U.S. stock indices rose, resulting in a market environment characterized by higher stock prices, lower interest rates, and higher oil prices.WTI crude oil rose about 2.5% to $79.00 per barrel, while the VIX (fear index) also rose about 2.8% to 17.5. U.S. initial jobless claims released yesterday rose from the previous reading to 268,000, exceeding the market forecast of 260,000.
As of yesterday, the New Zealand dollar emerged as the strongest currency in the foreign exchange market, causing the AUD/NZD pair—which had been on a downward trend—to rebound, rising from 1.031 to 1.034. However, from a technical perspective, the AUD/NZD pair has been forming lower lows and lower highs on the 4-hour chart, so if you plan to enter a long position, you’ll want to wait until it clearly breaks above the previous high.
Today’s schedule includes UK retail sales and German producer price index at 4:00 PM, remarks by ECB President Lagarde at 5:30 PM, remarks by MPC member Pill at 9:00 PM, remarks by Bundesbank President Weidmann at 10:00 PM, Canadian retail sales at 10:30 PM,at 12:45 AM: Remarks by Fed Governor Waller; at 2:15 AM: Remarks by Fed Vice Chair Clarida; and at 3:00 AM: Remarks by ECB President Lagarde. We will carefully assess whether these events will drive significant market movements on this Friday, the end of the week.
Past Market Reports
17.04.2026
Will the market wait and see how much further the U.S. dollar can rise against the yen?
16.04.2026
Will the weakening Swiss franc recover? Attention is turning to price movements during European trading hours.
15.04.2026
Market participants are likely keeping a close eye on the upside potential of the euro, which has risen against the U.S. dollar
14.04.2026
Should we keep an eye on remarks by key figures in the U.S. and try to gauge the direction of currency strength?
13.04.2026
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
10.04.2026
Will the weakening Swiss franc continue to strengthen against the yen, or should we wait and see?
09.04.2026
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?
08.04.2026
Should we keep an eye on the upside for European currencies that have risen against the U.S. dollar?
07.04.2026
Market participants may be wary of further downside potential for the U.S. dollar, which has weakened amid concerns over the situation in Iran
06.04.2026
Investors should be wary of sudden spikes in volatility while major markets are closed
