Market Opportunities : Week 21-03-2022 - 25-03-2022

USDCHF: Swiss National Bank interest rate decision and monetary policy assessment is an important economic event in the March 21-25 week. Swiss National Bank will hold its conference on March 24. Investors will be watching closely to see how the bank changes its guidance on maintaining its expansionary monetary policy after the Federal Reserve’s shift to tightening and raising interest rates. In case the SNB reasserts its easy monetary policy stance - the USDCHF will get a bullish impulse.

EURUSD: German ifo Business Climate report is an important economic event in the March 21-25 week. The report is due on March 25 and will be used to gauge investors’ confidence in the prospects of euro-zone's biggest economy in light of broad Russia sanctions that have created concerns about secure supply of energy and mineral resources for German businesses. In case the business sentiment softening is less than expected the EURUSD will get a bullish boost.