Heards now turn to Fed speakers - TDS

Analysts at TD Securities explained that the US data calendar is fairly light next week, but heads will now turn to Fed speakers.

Key Quotes:

"The focus will be on remarks by Fed Vice-Chair Fischer and Governor Brainard, as the market looks for direction ahead of the mid-March FOMC meeting.

The tone of their remarks is likely to be relatively dovish, especially for Brainard, who is likely to continue emphasizing the need for caution.

However, both are also likely to underscore the continued progress in the US economy and labor market."

ECB forced to deliver - UBS

The ECB meeting on March 10 kicks off the monthly round of central bank meetings. Among other major central banks that will decide on policy over the next days, the UBS team believes the ECB is the one with the most urgent need to deliver some sort of additional easing. Against this backdrop, UBS expects the euro to fall rather than rise after the ECB meeting, probably to the lower end of the 1.05-1.10 range.
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