GBP/USD was under pressure as Brexit negotiations remain stuck and worries about the economy persist. The upcoming week features the GDP report and also the government’s Autumn Statement. Public Sector Net Borrowing: Tuesday, 9:30. A level of 6.6 billion is on the cards now.CBI Industrial Order Expectations: Tuesday, 11:00. A bounce back to positive ground, to +3 points, is forecast now.Autumn Forecast Statement: Wednesday, 12:30. ...
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 ...