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Weekly EUR/USD Outlook: 2017, March 12 - March 19

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by , 03-12-2017 at 05:31 PM (1070 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.

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  1. Mario Draghi talks: Monday, 13:30. The President of the ECB has another opportunity to move the euro.
  2. German CPI (final): Tuesday, 7:00.
  3. 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.
  4. Industrial output: Tuesday, 10:00.
  5. 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.
  6. Employment Change: Wednesday, 10:00.
  7. CPI (final): Thursday, 10:00.
  8. 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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