Weekly Forecast for Forex and Cryptocurrency Markets
Upcoming Key Events in Currency Markets
The main events in the currency market will unfold in the upcoming week, starting with meetings scheduled for Wednesday, 31 July, when the Bank of Japan and the Federal Reserve's FOMC will convene. Following this, the Bank of England will hold its meeting on Thursday, 01 August.
Market Expectations
Even if interest rates and other monetary policy parameters remain unchanged in all three cases, investors will closely listen to the statements made by regulators during subsequent press conferences, attempting to predict their next moves.
Focus on Cryptocurrency
In light of these developments, we will focus more on the cryptocurrency market in this review while still covering Forex trends.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.