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Markets nervous ahead of big week for central banks: Hardy
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It’s another big week for FX traders with no less than five central bank meetings including the US Federal Open Market Committee. Saxo Bank John Hardy looks at what to expect from the Bank of Japan and Norges Bank after the ECB left markets with poor nerves.
The last two central banks to meet this week are the Bank of England and the Swiss National Bank. Hardy says not all meetings have the potential to deliver any news, but highlights Norges Bank as one of the more interesting ones apart from the BoJ and the FOMC.
John also shares his trading strategy, saying he prefers to look beyond the near term this week.