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Weekly EUR/USD Outlook: 2017, July 09 - July 16

EUR/USD corrected its previous gains and dropped within the range. What’s next? The upcoming week features a mix of trade, industrial output, and inflation figures.

1. German Trade Balance: Monday, 6:00. The surplus reached 19.8 billion euros in April. The data for May will likely be similar.
2. Sentix Investor Confidence: Monday, 8:30.
3. Industrial Production: Wednesday, 9:00.
4. German Final CPI: Thursday, 6:00.
5. French Final CPI: Thursday, 6:45.
6. Trade Balance: Friday, 9:00. Last month, the Euro-zone trade balance surplus almost totally mirrored the German one, standing at 19.6 billion. Once again, the German number will probably drive the total figure higher.

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