The US dollar was on the back foot in the week of Thanksgiving and now we are back to business with a busy week. A mix of housing data, inflation figures, and an update on GDP stand out Here are the highlights for the upcoming week. US New Home Sales: Monday, 15:00. A drop to 627K is predicted.Bill Dudley speaks, Tuesday, 00:00. The outgoing president of the New York Fed will speak in California and may clarify the Fed’s stance on ...
Forex Weekly Outlook August 25-29 The dollar dominated once again, with multi-month gains against major currencies. Is it time for a correction or will this trend continue? German Ifo Business Climate, US housing data, Durable Goods Orders and GDP are amongthe highlights of this week. Follow along as we explore the Forex market movers coming our way. This was quite a week in financial markets: upbeat US data (especially housing) pushed the dollar higher, and it ...