Weekly EUR/USD Outlook: 2017, February 26 - March 05
by
, 02-26-2017 at 02:50 PM (945 Views)
EUR/USD had a relatively balanced week, dipping to the downside but never going too far. The upcoming week is packed with PMI data, inflation figures and more. Will the pair move decidedly to one direction or another?
- Spanish Flash CPI: Monday, 8:00.
- Monetary data: Monday, 9:00. Similar numbers are expected.
- French CPI: Tuesday, 7:45.
- French GDP: Tuesday, 7:45. This is a revision for Q4 data.
- CPI (flash): Tuesday, 10:00.
- Manufacturing PMIs: Wednesday morning: 8:15 for Spain, 8:45 for Italy, the final French number at 8:50, final German figure at 8:55 and the final euro-zone score at 9:00.
- German unemployment change: Wednesday, 8:55. The No. 1 economy in the euro-zone enjoys a strong jobs markets.
- German CPI: Wednesday morning from the various states, with the all-German figure coming out at 13:00.
- Spanish Unemployment Change: Thursday, 8:00.
- Unemployment rate: Thursday, 10:00. Similar to Spain, the unemployment rate for the euro-zone is improving, but remains high, standing at 9.6% in December. This was better than expected.
- PPI: Thursday, 10:00.
- Services PMIs: Friday morning: 8:15 for Spain, 8:45 for Italy, the final French number at 8:50, final German figure at 8:55 and the final euro-zone score at 9:00.
- Retail Sales: Friday, 10:00.
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