The US dollar had a mixed week amid all-important inflation numbers. The upcoming week features US durable goods orders, housing data, speeches from Yellen and Draghi, and the FOMC minutes as we head into Thanksgiving. Here are the highlights for the upcoming week. Mario Draghi testifies Monday, 14:00. The president of the ECB faces European MPs in Brussels and may lay out an updated view of the euro-zone economies and the inflation ...
GBP/USD was looking for a new direction after that dovish hike from the BoE and as Brexit talks are trying to get out of the ditch. The upcoming week features three top-tier publications: inflation, jobs, and retail sales. Inflation report: Tuesday, 9:30. The weakness of the British pound following the EU Referendum last year is the main contributor to higher prices.Jobs report: Wednesday, 9:30. Weak wages will probably take center-stage ...
GBP/USD extended its falls amid Brexit uncertainty and unimpressive economic data. Will it head below 1.30? The upcoming week features industrial output, the trade balance and more. Here are the key events for GBP/USD. BRC Retail Sales Monitor: Monday, 23:00. The British Retail Consortium has shown a rise in sales in the past three months, a positive sign after some worries beforehand. After an advance of 1.3% in August, perhaps we will ...
GBP/USD slipped from the highs amid Brexit worries and a strengthening of the US dollar. Has it peaked? The upcoming week features the PMIs as well as other indicators. Here are the key events and an updated analysis for GBP/USD. Manufacturing PMI: Monday, 8:30.Construction PMI: Tuesday, 8:30.FPC Meeting Minutes: Tuesday, 8:30. The minutes from the Financial Policy Committee’s meeting could provide more insight about the rapid ...
Looking ahead to the coming week, after the focus on the dollar and the euro over the last couple of weeks, it is the turn of the pound to be in focus in the coming week as we have the CPI data and the rate announcement and statement from the BOE. We also have the CPI and PPI data from the US in the coming week and a combination of all these should guarantee a lot of volatility in the GBPUSD pair. The price is now in a key region and clean and clear ...
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