EUR/USD was under some pressure on the ongoing crisis in Catalonia. The upcoming week is dominated by the all-important ECB decision. What will be the new size of the QE program? Here is an outlook for the highlights of this week. German Buba Monthly Report: Monday, 10:00.Consumer Confidence: Monday, 14:00. The official measure of inflation by Eurostat got very close to reaching a balanced level of 0, but remains in negative numbers. ...
The US dollar advanced against most currencies, but the moves were limited.The upcoming week is quite busy, featuring initial GDP reads from the US and the UK, rate decisions from the BOC and the ECB, and more. Japanese elections: Sunday, results expected before markets open.Australian CPI: Wednesday, 00:30. Headline CPI is expected to rise by 0.8% and core CPI by 0.5%.UK GDP (first release): Wednesday, 8:30. Has the economy picked ...
EUR/USD was under pressure once again, dropping for the second week in a row. The upcoming week’s highlight is a speech by Mario Draghi. Here is an outlook for the highlights of this week. German Industrial Production: Monday, 6:00.Sentix Investor Confidence: Monday, 8:30. This 2800 strong survey has stabilized on high ground in recent months. Back in September, it reached 28.2 points. Another small rise to 28.6 is on the cards for ...
EUR/USD tumbled down, mostly on the German elections. Has the pair changed its course or is it only a correction? The first week of Q4 features the ECB meeting minutes and PMIs among other events. Here is an outlook for the highlights of this week. Manufacturing PMIs: Monday morning: 7:15 for Spain, 7:45 for Italy, final French figure at 7:50, final German number at 7:55 and the final all-European number at 8:00.Unemployment Rate: ...
EUR/USD suffered under pressure from the US dollar and as the German elections near. Is this just a correction after reaching new highs? Or has the rally peaked? Inflation data and PMIs stand out now. Here is an outlook for the highlights of this week. CPI (final): Monday, 9:00. The numbers will likely be confirmed in the final read.Bundesbank Monthly Report: Monday, 10:00. An upbeat assessment will support Chancellor Angela Merkel. ...
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