Weekly EUR/USD Outlook: 2017, March 12 - March 19
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, 03-12-2017 at 05:31 PM (1052 Views)
EUR/USD managed to edge up as the ECB expressed some cautious optimism. Another appearance by Draghi as well as inflation and trade figures stand out in the upcoming week.
- Mario Draghi talks: Monday, 13:30. The President of the ECB has another opportunity to move the euro.
- German CPI (final): Tuesday, 7:00.
- German ZEW Economic Sentiment: Tuesday, 10:00. The all-European figure stood at 17.1 points last time and is expected to hit 19.3 now.
- Industrial output: Tuesday, 10:00.
- French CPI (final): Wednesday, 7:45. According to the flash read for February, prices increased by 0.1% in the eurozone’s second-largest economy. The figure will probably be confirmed.
- Employment Change: Wednesday, 10:00.
- CPI (final): Thursday, 10:00.
- Trade Balance: Friday, 10:00. The euro-zone enjoys a wide trade surplus, driven by Germany’s export machine. After a positive 24.5 billion in December, a narrower surplus is on the cards now: 22.3 billion.
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