With central bank meetings in Japan, the United States and China scheduled for next week, the currency market is expected to remain unlikely to see significant short-term price movements.
Ahead of next week's meetings of the major central banks of Japan, the United States and China, the currency market is expected to remain in a phase of assessing its direction. Market participants are focused on signals about monetary policy in each country and the interest-rate outlook.
The article points to the possibility that currency movements will be subdued following the upcoming meetings, and reports that trading is expected to avoid sharp fluctuations in specific currency pairs.