This is a heavyweight week for currency markets as traders are cautious ahead of central banks’ policy meetings. Bank of Japan, Bank of England and FOMC will hold their monetary policy meetings and decide on rate hikes.

This is a heavyweight week for currency markets as traders are cautious ahead of central banks’ policy meetings. Bank of Japan, Bank of England and FOMC will hold their monetary policy meetings and decide on rate hikes.
Despite Trump’s administration recent threat for additional tariffs on $200bn Chinese products, the US Senate passed a bill in the opposite direction.
EU-US Trade war on hold: US President Trump, having the European Commission President by his side, announced that EU and USA will refrain from other tariffs.
The European Commission President visits the States for EU-US trade talks with the U.S. President.
EU-USA Trade talks: EU not to give in to trade threats The German Foreign Minister said that EU members must stick together and not give in to US trade threats regarding tariffs.