3/15/2021 10:55:39 AM GMT | By Eren Sengezer
USD/CHF moves up and down in a narrow band on Monday.
US Dollar Index stays below 92.00 at the start of the week.
Wall Street s main indexes look to open in the positive territory.
After rising to its highest level since July at 0.9377 last week, the USD/CHF pair staged a deep correction and finished the week virtually unchanged. Amid a lack of significant fundamental drivers, the pair is struggling to make a decisive move in either direction on Monday and was last seen trading flat on the day a little below 0.9300.
DXY starts week in a calm manner
EUR/USD Forecast: Mildly Bearish In The Near-Term, Needs To Break The 1 1885 Support benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Calculated Risk calculatedriskblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from calculatedriskblog.com Daily Mail and Mail on Sunday newspapers.
The key reports this week are February Retail Sales and Housing Starts.
For manufacturing, the February Industrial Production report and the March NY and Philly Fed manufacturing surveys will be released.
The FOMC meets this week, and no change to policy is expected. - Monday, Mar 15th -
8:30 AM: The New York Fed
Empire State manufacturing survey for March. The consensus is for a reading of 14.5, up from 12.1.
10:00 AM: - Tuesday, Mar 16th -
8:30 AM:
Retail sales for February is scheduled to be released. The consensus is for a 0.5% decrease in retail sales.
This graph shows the year-over-year change in retail sales and food service (ex-gasoline) since 1993. Retail and Food service sales, ex-gasoline, increased by 8.6% on a YoY basis in January.