The Australian dollar was on the back foot, partly due to the “risk off” sentiment. Is the battle for 0.80 over? The rate decision is the big event for the week, but certainly not the only one. Here are the highlights of the week. AIG Manufacturing Index: Sunday, 22:30.MI Inflation Gauge: Monday, 00:00. A similar figure is likely.HIA New Home Sales: Tuesday, 00:00. The Housing Industry Association has reported two months of drops ...
US Dollar Forecast: US Dollar Will Try To Build on Post-FOMC Gains. Will It Succeed? The US Dollar snapped a four-week losing streak and looks likely to attempt a larger recovery following a hawkish FOMC policy meeting. It’s success is far from assured. British Pound Forecast: Likely to Take a Breather as Brexit Talks Resume GBP/USD will likely pause for breath this week after its steady climb throughout the year so far. ...
The US dollar rallied on the Fed decision but its strength faded away. What’s next? The German elections, durable goods orders, and several GDP publications stand out as Q3 draws to a close. Here are the highlights for the upcoming week. New Zealand elections: Saturday. The polls indicate that everything is possible.German elections: Sunday, results are due before markets open in Asia. All in all, a victory for Merkel would be positive ...
EUR/USD dropped to lower ground, but gradually recovered, holding onto known ranges. The German elections provide a strong start to the week, which continues with inflation figures and other data. Here is an outlook for the highlights of this week. German elections: Sunday, results are due before markets open in Asia.All in all, a victory for Merkel would be positive for the euro, but this is mostly priced in.German Ifo Business Climate ...
EUR/USD suffered under pressure from the US dollar and as the German elections near. Is this just a correction after reaching new highs? Or has the rally peaked? Inflation data and PMIs stand out now. Here is an outlook for the highlights of this week. CPI (final): Monday, 9:00. The numbers will likely be confirmed in the final read.Bundesbank Monthly Report: Monday, 10:00. An upbeat assessment will support Chancellor Angela Merkel. ...
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