The dollar suffered across the board in the second week of 2018. Will it remain under pressure? The upcoming week features housing data and consumer confidence from the US, Chinese GDP, and other market-moving events. Here are the highlights for the upcoming week. UK inflation report: Tuesday, 9:30. Britain stands out among developed countries by suffering from elevated inflation. Year over year CPI surpassed the 3% threshold in the ...
EUR/USD made a move to the upside but eventually failed to stay there and retreated amid the ECB meeting. What’s next? Final inflation figures and a key German survey stand out. Here is an outlook for the highlights of this week. Final CPI: Monday, 10:00. A confirmation of these figures is on the cards now.German Ifo Business Climate: Tuesday, 9:00. A small tick up to 117.6 is forecast now.German PPI: Wednesday, 7:00. A more modest ...
The last week before the holidays saw the dollar mostly lower, with the exception of the Japanese yen. What’s next? The last week of 2017 is a holiday week that features low trading volume and liquidity. This usually results in quiet trading, but can also see surprising sparks. There are very few events, but they could trigger an outsized response given the conditions. US CB Consumer Confidence: Wednesday, 15:00.US Pending Home Sales ...
The US dollar was on the back foot but managed to climb back in a busy week. As we enter the last week before the holidays, how will currencies make their last-minute adjustments? GDP data from the US, the UK, and Canada stand out. Here are the highlights for the upcoming week. US housing data: Tuesday, 13:30. Note that for a meaningful effect, both figures need to go in the same direction. In some cases, one surprises to the upside ...
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