We've got another pivotal week ahead packed with major market movers, including the Federal Reserve and Bank of England rate decisions, Canadian employment data, and several key economic releases across major economies.
Trade tensions continue to influence market sentiment, with recent signs of potential de-escalation between the U.S. and China providing some relief to risk assets.
The previous week saw significant developments with a surprise negative U.S. GDP print, mixed labor market signals, and indications from China about openness to trade negotiations. Markets rallied after the Trump administration showed flexibility on tariffs and signs emerged of potential trade dialogue.
Let's dive into how this all could influence the major currencies this week!