Weekly Forex Outlook: 03/03/2023 - Will the BoJ shock markets ahead of US payrolls?

Market participants are in for a wild ride, as the coming week is loaded with promising events. The ball will get rolling with central bank meetings in Australia and Canada. Those will serve as appetizers for the Bank of Japan’s decision, which might be a close call, feeding volatility in the yen. In the US, the latest employment report and testimony by the Fed chief before Congress will decide whether the dollar’s recovery still has miles left in the tank.

0:00 Intro
0:19 Japanese economy
2:41 BoJ decision and yen
3:07 US jobs data and Powell’s testimonies
5:31 BoC and RBA decisions

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

https://www.xm.com/research/analysis/forexPreviews/xm/week-ahead-will-the-boj-shock-markets-ahead-of-us-payrolls-175494

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