What to expect during the European trading session

18.03.2019 / 06:55

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Good morning all! A quiet start is expected on most of the FX market, but we still saw the Australian and Kiwi - especially the first to benefit from a better risk sentiment early in the week.

There is another day with a lack of economic news during the European morning, so if nothing else can expect a choppy trade and lower volumes at the beginning.

At the same time, we remain cautious about Brexit news as we approach the third vote in Parliament.

At 12:00, in Europe we expect a trade balance that does not create prerequisites for increased volatility.

At 16:00, traders will track the NAHB Housing Market Index in the US, and an hour later, Praet from the ECB will make a statement.

Again, a day light on economic news - but if history is a factor - it certainly does not mean there will be no moves - we just have to find them!

Trader Aleksandar Kumanov

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What to expect during the European trading session

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