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GBP/USD slipped from the highs amid Brexit worries and a strengthening of the US dollar. Has it peaked? The upcoming week features the PMIs as well as other indicators. Here are the key events and an updated analysis for GBP/USD. Manufacturing PMI: Monday, 8:30.Construction PMI: Tuesday, 8:30.FPC Meeting Minutes: Tuesday, 8:30. The minutes from the Financial Policy Committee’s meeting could provide more insight about the rapid ...
EUR/USD tumbled down, mostly on the German elections. Has the pair changed its course or is it only a correction? The first week of Q4 features the ECB meeting minutes and PMIs among other events. Here is an outlook for the highlights of this week. Manufacturing PMIs: Monday morning: 7:15 for Spain, 7:45 for Italy, final French figure at 7:50, final German number at 7:55 and the final all-European number at 8:00.Unemployment Rate: ...
The Australian dollar was on the back foot, partly due to the “risk off” sentiment. Is the battle for 0.80 over? The rate decision is the big event for the week, but certainly not the only one. Here are the highlights of the week. AIG Manufacturing Index: Sunday, 22:30.MI Inflation Gauge: Monday, 00:00. A similar figure is likely.HIA New Home Sales: Tuesday, 00:00. The Housing Industry Association has reported two months of drops ...
US Dollar Forecast: US Dollar Will Try To Build on Post-FOMC Gains. Will It Succeed? The US Dollar snapped a four-week losing streak and looks likely to attempt a larger recovery following a hawkish FOMC policy meeting. It’s success is far from assured. British Pound Forecast: Likely to Take a Breather as Brexit Talks Resume GBP/USD will likely pause for breath this week after its steady climb throughout the year so far. ...
The US dollar rallied on the Fed decision but its strength faded away. What’s next? The German elections, durable goods orders, and several GDP publications stand out as Q3 draws to a close. Here are the highlights for the upcoming week. New Zealand elections: Saturday. The polls indicate that everything is possible.German elections: Sunday, results are due before markets open in Asia. All in all, a victory for Merkel would be positive ...
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