January 20-24, 2020. Political news outrages the markets

2020-01-18

Over the coming week, markets will be outraged by the following factors.
The US Senate will consider the impeachment of Trump. There is new evidence of his guilt.
The fundamental news of England predicts the stability of the current position of the pound. Therefore, on Monday a large northern gap on GBPUSD is likely. You can make good profit on this gap.
Three meetings of the Central Banks of the world’s leading economies and the Davos Economic Forum are the main reasons for the unexpected movements in the Forex market over the next week. Traders are waiting for the announcement of the new ECB policy, possible plans to move away from the negative rates of the Bank of Japan and the first steps to implement foreign exchange agreements with the United States by the People’s Bank of China.
In addition to monetary events, daily news from the fields of the international economic forum, which will be attended by heads of state, IMF, WB and major corporations, will come to the Forex market.
Therefore, increased volatility and unpredictable movements are expected in the markets.