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Investors will have to navigate a week full of potential risks events over the next seven days, not the least the U.S. central bank's policy meeting on Wednesday and the April U.S. non-farm payrolls report two days later.
The market spotlight on Wednesday would be on the European Commission's economic sentiment index for the month of March.
Eurozone Economic Sentiment Indicator rose from 95.5 to 96.3 in March, above expectation of 96.1. Employment Expectations Indicator rose from 102.5 to 102.6. Economic Uncertainty Indicator fell from 20.3 to 19.2.
Japanese Yen staged in a notable rebound in European session, triggered by heightened market vigilance towards market interventions. This reaction comes in the wake of a significant meeting between Japan's Ministry of Finance, Financial Services Agency, and Bank of Japan, marking the first such tripartite gathering since last May. The meeting was called into action as Yen plunged to a 34-year low against Dollar briefly, prompting concern over the currency's rapid depreciation.
MetaTrader 4 (MT4) stands as a stalwart platform, renowned for its robust ecosystem of plugins, indicators, and...