Weekly Forex Outlook: 07/04/2023 - US CPI data, Fed minutes, and BoC decision on investors’ radar

Next week starts on a quiet note as Monday is Easter Monday for most economies on our radar. That said, the calendar becomes heavier as the days pass by, with the spotlight probably falling on the US CPI numbers for March, the minutes from the latest FOMC gathering, and the BoC decision. The US data will constitute another piece of information in the riddle of whether the Fed should hit the hike button one last time in May, while the BoC decision may reveal whether Canadian officials will be the first ones to hit the cut button.

0:00 Intro
0:19 US Economy
1:26 CPI March Data
2:28 FOMC
3:28 US Dollar
3:46 Bank of Canada
5:06 Loonie

For more information on the topics discussed in this video, including detailed charts and tables, read the full Week Ahead article:

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