The US dollar made an attempt to recover but the results were mixed in a very busy week. What’s next? The focus shifts away from the US as we have three rate decisions and two jobs reports from other places Here are the highlights for the upcoming week. UK Services PMI: Monday, 9:30. The services sector is the most important one in the UK and the publication of Markit’s services OMI always moves the markets. The sector has been experiencing ...
The dollar remained on the defensive but it wasn’t one-sided anymore. The greenback fought back. GDP from the US and the UK, rate decisions in Japan and the euro, and many other events await us in a busy week. Here are the highlights for the upcoming week. Japanese rate decision: Tuesday morning. The Bank of Japan recently triggered a “mini taper tantrum” in Japanese bond markets. Among developed countries, Japan has the most accommodative ...
EUR/USD had an excellent week that saw more volatility than the prior week with the pair hitting the highest levels in over three years. Is there more to come? Final inflation figures stand out in the week before the ECB decision. Here is an outlook for the highlights of this week. Trade Balance: Monday, 10:00. The euro-zone enjoys a wide trade surplus thanks to Germany’s robust exports. This surplus stood at 19 billion euros in October ...
The dollar suffered across the board in the second week of 2018. Will it remain under pressure? The upcoming week features housing data and consumer confidence from the US, Chinese GDP, and other market-moving events. Here are the highlights for the upcoming week. UK inflation report: Tuesday, 9:30. Britain stands out among developed countries by suffering from elevated inflation. Year over year CPI surpassed the 3% threshold in the ...
EUR/USD made a move to the upside but eventually failed to stay there and retreated amid the ECB meeting. What’s next? Final inflation figures and a key German survey stand out. Here is an outlook for the highlights of this week. Final CPI: Monday, 10:00. A confirmation of these figures is on the cards now.German Ifo Business Climate: Tuesday, 9:00. A small tick up to 117.6 is forecast now.German PPI: Wednesday, 7:00. A more modest ...
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