Market news
16.03.2021, 12:58

European session review: the dollar fell slightly ahead of the Fed meeting

TimeCountryEventPeriodPrevious valueForecastActual
00:30AustraliaHouse Price Index (QoQ)Quarter IV0.8%2%3%
00:30AustraliaRBA Meeting's Minutes    
04:05JapanBOJ Governor Haruhiko Kuroda Speaks    
04:30JapanIndustrial Production (MoM) January-1% 4.3%
04:30JapanIndustrial Production (YoY)January-2.6% -5.2%
07:45FranceCPI, m/mFebruary0.2%-0.1%0%
07:45FranceCPI, y/yFebruary0.6%0.4%0.6%
10:00EurozoneZEW Economic SentimentMarch69.6 74.0
10:00GermanyZEW Survey - Economic SentimentMarch71.27476.6
12:30CanadaForeign Securities PurchasesJanuary5.08 1.27
12:30U.S.Retail salesFebruary7.6%-0.5%-3%
12:30U.S.Retail Sales YoYFebruary7.4% 6.3%
12:30U.S.Retail sales excluding autoFebruary8.3%-0.1%-2.7%
12:30U.S.Import Price IndexFebruary1.4%1.2%1.3%

During today's European trading, the US dollar fell slightly, with market participants showing caution ahead of the meetings of the world's largest central banks.

The ICE index, which tracks the dollar's performance against six currencies (euro, swiss franc, yen, canadian dollar, pound sterling and swedish krona), fell 0.12%.

Central bankers are unlikely to abandon accommodative monetary policy, despite forecasts of rapid economic growth as the COVID-19 vaccine is introduced and $1.9 trillion in U.S. stimulus is approved.

Investors will be closely watching the Fed's comments on bond yields. Government bond yields around the world jumped on expectations that economic growth and inflation could lead to a faster-than-expected normalization of monetary policy.​

The pound fell against the US dollar ahead of the Bank of England meeting on Thursday. Analysts predict that the central bank will keep its benchmark interest rate at a historic low of 0.1% and will not change the terms of the bond purchase program.

© 2000-2021. All rights reserved.

This site is managed by Teletrade D.J. Limited 20599 IBC 2012 (First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at

Live Chat E-mail
Choose your language / location