GBP/USD had a mixed week amid big events. The upcoming week may be calmer but still, consists of important events. The trade balance and industrial output stand out. Here are the key events. BRC Retail Sales Monitor: Tuesday, 00:01.Halifax HPI: Tuesday, 8:30. The RBS has reported three consecutive months of rises in house prices, with a surprisingly robust rise of 0.8% in September. A more modest advance is likely this time: +0.2%. ...
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 ...
US Dollar Forecast: All Eyes on Washington DC Amid Tax Cut Debate The US Dollar is likely to find its fortunes linked to the prospects of passing tax cut legislation that markets think might lead to a steeper Fed rate hike cycle in 2018. British Pound Forecast: Short-Term Weakness May Offer Long-Term Opportunity The post-Bank of England sell-off in Sterling has pushed it back towards support levels and may offer bullish traders ...
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 ...
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