1Finance

Weekly EUR/USD Outlook: 2017, February 19 - February 26

EUR/USD was looking for a new direction as politics continued moving markets. The upcoming week features PMIs and some business surveys.

1. German PPI: Monday, 7:00. A rise of 0.3% is on the cards now.
2. Bundesbank monthly report: Monday, 11:00.
3. Consumer Confidence: Monday, 15:00.
4. PMIs: Tuesday morning: 8:00 for France, 8:30 for Germany and 9:00 for the whole euro-area, showing the preliminary assessment for February.
5. German Ifo Business Climate: Wednesday, 21:00. Germany’s No. 1 Think Tank surprised last month with a lower assessment of German business confidence in January.
6. CPI (final): Wednesday, 10:00.
7. LTRO: Wednesday, 10:30.
8. Belgian NBB Business Climate: Wednesday, 14:00.
9. German GDP (final): Thursday, 7:00.
10. GfK German Consumer Climate: Thursday, 7:00. A score of 10.3 is estimated now.

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