The dollar remained on the defensive but it wasn’t one-sided anymore. The greenback fought back. GDP from the US and the UK, rate decisions in Japan and the euro, and many other events await us in a busy week. Here are the highlights for the upcoming week. Japanese rate decision: Tuesday morning. The Bank of Japan recently triggered a “mini taper tantrum” in Japanese bond markets. Among developed countries, Japan has the most accommodative ...
EUR/USD had an excellent week that saw more volatility than the prior week with the pair hitting the highest levels in over three years. Is there more to come? Final inflation figures stand out in the week before the ECB decision. Here is an outlook for the highlights of this week. Trade Balance: Monday, 10:00. The euro-zone enjoys a wide trade surplus thanks to Germany’s robust exports. This surplus stood at 19 billion euros in October ...
The dollar suffered across the board in the second week of 2018. Will it remain under pressure? The upcoming week features housing data and consumer confidence from the US, Chinese GDP, and other market-moving events. Here are the highlights for the upcoming week. UK inflation report: Tuesday, 9:30. Britain stands out among developed countries by suffering from elevated inflation. Year over year CPI surpassed the 3% threshold in the ...
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