Weekly EUR/USD Outlook: 2017, January 08 - January 15 EUR/USD slipped to new 14-year lows in the wake of 2017 but recovered very quickly thanks to weakness in the USD. The second week of January features trade balance and industrial output measures. Data in the euro-zone has been relatively positive, with a significant drop in German unemployment and a rise in inflation, especially in Germany. Retail sales missed expectations, but this did not stop the euro. In the ...
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US Dollar Forecast: US Dollar May Turn Defensive Anew on Cautious Fed Comments The US Dollar found a lifeline in upbeat wage growth data having been battered by the unwinding of the “Trump trade”. Upcoming Fed-speak may put it back on the defensive. British Pound Forecast: BOE: Economic Forecasting in a World ’Tipped Upside Down’ This week, the Bank of England’s Chief Economist, Mr. Andy Haldane issued a mea culpa around the ...
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