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 ...
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 US dollar continued enjoying the optimism from the tax cuts and was not hit hard by the data. Can it continue higher? Four rate decisions await us: the SNB, ECB, BOE, and the FED, with Yellen’s last post-rate decision press conference. Can the dollar continue higher? Here are the highlights for the upcoming week. UK inflation: Tuesday, 9:30. Expectations still remain high at 3%.US PPI: Tuesday, 13:30. Another rise of 0.4% in ...
EUR/USD failed to hold onto higher ground in a mixed week. The ECB meeting is clearly the big event of the upcoming week, but not the only topics on the agenda. Here is an outlook for the highlights of this week. German ZEW Economic Sentiment: Tuesday, 10:00. A score of 17.9 points is on the cards now. The all euro-zone figures stood at 30.9 points and 30.2 is forecast now.Mario Draghi talks: Tuesday, 19:00. The president of the ...
The US dollar managed to recover in the week after Thanksgiving on positive data, upbeat Fed statements, imminent tax cuts, and despite a major development in Trump’s troubles. The Non-Farm Payrolls is the key event and we also have rate decisions from Australia and Canada Here are the highlights for the upcoming week. Australian rate decision: Tuesday, 3:30. This is the last decision of the year and the RBA does not meet in January. ...
Archive
Go to Profile
Mark as Read