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EUR/USD was looking for a new direction in a busy week. What’s next? The common currency faces yet another busy week with PMIs, trade balance and more. Here is an outlook for the highlights of this week. Eurogroup Meetings: Monday. The finance ministers of the euro-zone convene in Brussels to discuss current matters. The crisis in Catalonia and its economic impact, rising growth and the changes in the ECB’s policy will all be on the ...
The US dollar was mixed across the board despite big events in markets. Will this continue? The upcoming week features events from all over the world. Here are the highlights for the upcoming week. FOMC’s Dudley talks: Monday, 17:10. The President of the New York Fed is a permanent voter and this speech in New York will be an opportunity to react to the nomination of Powell as Fed Chair, as well as the Fed’s classification of inflation ...
The US dollar had an excellent week, mostly thanks to speculation about the next Chair of the Fed. What’s next? The upcoming week opens a new month and packs both a Fed decision and the Non-Farm Payrolls. Here are the highlights for the upcoming week. US Core PCE: Monday, 12:30. A monthly rise of 0.1% is on the cards.Japanese rate decision: Tuesday morning. The Bank of Japan has failed to lift inflation despite a massive QE program ...
EUR/USD certainly felt the decision of the ECB in a week that unleashed some volatility and sent the euro tumbling down. The upcoming week features inflation and GDP data among other events. Here is an outlook for the highlights of this week. German retail sales: Monday, 7:00. The largest economy in the euro-zone saw consumption sliding by 0.2% in August. For the month of September, a rise of 0.5% is expected. Germany’s economy leans ...
EUR/USD was under some pressure on the ongoing crisis in Catalonia. The upcoming week is dominated by the all-important ECB decision. What will be the new size of the QE program? Here is an outlook for the highlights of this week. German Buba Monthly Report: Monday, 10:00.Consumer Confidence: Monday, 14:00. The official measure of inflation by Eurostat got very close to reaching a balanced level of 0, but remains in negative numbers. ...