The US dollar was on the back foot, but the managed to recover some of the losses. Inflation data in the UK and the US, Employment data from the UK and Australia, US retail sales and no less than 4 rate decisions,with the Federal Reserve standing out from the crowd. These are the main events for this busy week. UK Inflation data: Tuesday, 8:30. A monthly rise of 0.4% is expected.US retail sales: Tuesday, 12:30. For the month of May, ...
The dollar eventually crashed on the NFP in a week that was tense until this big event. More losses for the greenback? Speeches by Janet Yellen and Mario Draghi, Australian and New Zealand’s rate decisions stand out now. These are the market movers for this week. Janet Yellen speaks: Monday, 16:30. Federal Reserve Chair Janet Yellen will give a talk about the economic outlook and monetary policy in Philadelphia. Yellen may address the ...
Daily price is breaking Senkou Span line for the possible breakdown: the price is crossing 109.04 support level to below on open daily bar for now for the reversal of the price movement from the ranging bullish to the primary bearish market condition. Absolute Strength indicator is estimating the bearish trend to be started, and Chinkou Span line is already broke the price to below for the good breakdown in the near future to be continuing. If D1 price will break 109.04 support ...
The US dollar had a positive week despite a lack of really convincing data. GDP from Canada and Australia, a buildup to the Non-Farm Payrolls, OPEC Meetings and the ECB decision stand out in a very busy week. Canadian GDP data: Tuesday, 12:30. March GDP is expected to remain flat.US CB Consumer Confidence: Tuesday, 14:00. Consumer confidence is expected to reach 96.1 in May.Australian GDP data: Wednesday, 1:30. Economists expect ...
The US dollar had a positive week, enjoying support from the Fed. UK and US GDP updates, US durable goods orders and key German surveys stand out. These are the highlights of this week. German ZEW Economic Sentiment: Tuesday, 9:00. A rise to 12.1 is expected now.German Ifo Business Climate: Wednesday, 8:00. Economists from the IFO institute believe German economic activity will show a 0.6% growth while the second quarter is expected ...
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