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Next Thursday (March 19th) can be called the "central bank marathon day" for the forex market~
The Bank of Japan, Bank of England, and Swiss National Bank will unveil their interest rate decisions in succession. For forex traders, this kind of dense policy window often means volatility is about to "leverage up"~
The real key is actually not who raises rates or who stays put, but whether these central banks' policy rhythms diverge from the Federal Reserve. Once interest rate differential expectations shift, capital will reprice exchange rates like a tidal wave.
Two main pairs to watch:
USD/JPY and EUR/USD.
There's an old rule in the forex market: when central banks speak in concentrated fashion, the market tends to be more honest than usual~
Fasten your seatbelt—on days like these, K-lines usually won't stay too quiet~