Market focus

On Friday, June 22, 2018, the market will continue to remain nervous while waiting for the data from the OPEC meeting and waiting for statistics on the euro area. At the same time, volatility on the foreign exchange market will partially shift from European currencies to the Canadian dollar. But the volatility in the euro will support data on business activity in the manufacturing sector of Germany and the eurozone.

In the afternoon, the market expects data on inflation in Canada, which will force investors to adjust positions on the Canadian dollar after long sales.

Hanzenko Anton