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​​The Analytical Overview of the Main Currency Pairs on 2021.0 | Justforex

​​The Analytical Overview of the Main Currency Pairs on 2021.03.10

On Tuesday, in the absence of important macroeconomic news, the market showed calm trading. The dollar index fell slightly as part of the technical correction. Today in the American session, we can expect some surge in volatility in the light of the release of inflation data in the United States. As the market becomes more and more concerned about the need for strong stimulus from the Fed, the indicators of price pressure may cause a violent reaction in the foreign exchange market. In addition, a monetary policy decision by the Bank of Canada is expected, which may cause significant fluctuations in the Canadian currency.