EUR/USD struggled but eventually chose the lower end of the range, due to USD strength. Will it totally break down or drift back up? The big event of the week is undoubtedly the ECB decision, which also consists of new forecasts. Retail PMI: Monday, 9:10.Sentix Investor Confidence: Monday, 9:30.German Factory Orders: Tuesday, 7:00. The volatile indicator is not likely to repeat the big bounce.GDP (revised): Tuesday, 10:00. ...
Rate decision in Australia and the Eurozone, Employment data from Canada and the US including the ADP report followed by the all-important NFP release. Australian rate decision: Tuesday, 3:30. The RBA monitors the recent increase in lending to property investors and further data about the economy’s performance to determine its next move.US ADP Non-Farm Employment Change: Wednesday, 13:15.US Crude Oil Inventories: Wednesday, 15:30. ...
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