Talking Points:
• The docket fills out with key market movers - events that can leverage already volatile markets
• Top listing on the docket is the ECB rate decision due Thursday
• Other key events to watch include Chinese 4Q GDP, the BoJ decision and BoE minutes
Want to develop a more in-depth knowledge on the market and strategies? Check out the DailyFX Trading Guides we have produced on a range of topics.
In quiet market conditions, major event risk can be weathered with limited swings. But in volatile markets, important events can charge large moves. Already shaken by the FX market's volatility to start the year, traders should be on guard heading into this period's dense round of event risk. The most heavily anticipated listing is Friday's ECB rate decision - which has generated exceptional interest and perhaps an excessive skew in speculation. Amongst other important market movers that find sensitive currencies on edge are the 4Q Chinese GDP report, the Bank of England's minutes and the Bank of Japan's rate decision. We discuss these events and why they are important to the market in today's Strategy Video.
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