Forex Weekly Outlook May 19-23 Rate decision in Japan, inflation data in the UK and Canada, FOMC Meeting Minutes, Unemployment Claims, German Ifo Business Climate and US housing data are the main events on our list. Here is an outlook on the main market-movers for this week. Last week, major US figures came out above expectations; Annual inflation reached 2%, as expected and the monthly CPI edged up to 0.3%. Meanwhile, the annual core inflation beat forecasts ...
US Dollar Rally Will Stall Without a Spark Fundamental Forecast for Dollar: Neutral Though US Treasury yields were in retreat this past week, the move does not likely reflect fading Fed expectations There is limited impetus from the docket for a big ‘risk’ breakout this week, but a surge in sentiment doesn’t require data The US Dollar managed to turn a close call test of 14-month lows into an impressive rebound ...
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