A rebound in U.S. Retail Sales may heighten the bullish sentiment surrounding the greenback and spur a further decline in EUR/USD as it fuels speculation for higher borrowing-costs in the world’s largest economy. What’s Expected: Why Is This Event Important: The Fed may stay on course to normalize monetary policy in mid-2015 as the central bank anticipates lower energy prices to boost private-sector consumption ...
- U.S. 4Q GDP to Expand 2.0%- Slowest Pace of Growth Since the Contraction in 1Q 2014. - Personal Consumption to Grow 4.3% - Fastest Pace of Growt5h Since 1Q 2006. Trading the News: U.S. Gross Domestic Product (GDP) A marked downward revision in the U.S. growth rate may generate a short-term rebound in EUR/USD should the preliminary 4Q Gross Domestic Product (GDP) report dampen bets for a mid-2015 Fed rate hike. What’s Expected: ...
- German Unemployment to Contract for Fifth Consecutive Month in February. - Jobless Rate to Hold at Record-Low of 6.5% for Second Month. Trading the News: German Unemployment Change Another 10K contraction in German Unemployment may encourage a near-term rebound in EUR/USD as it raises the prospects for a stronger recovery in the euro-area. What’s Expected: Why Is This Event Important: ...
- Canada Retail Sales to Contract for First Time Four Months. - Will a Slowdown in Private Consumption Fuel Bets for More BoC Easing? Trading the News: Canada Retail Sales A slowdown in Canada Retail Sales may spur a larger advance in USD/CAD as the Bank of Canada (BoC) adopts a more cautious outlook for the region. What’s Expected: Why Is This Event Important: ...
- U.K. Retail Sales to Contract for First Time in Four Months. - Will Lower Energy Prices & Faster Job/Wage Growth Boost Consumption? Trading the News: U.K. Retail Sales A contraction in U.K. Retail Sales may spur a near-term pullback in GBP/USD as it dampens the outlook for a stronger recovery in 2015. What’s Expected: Why Is This Event Important: However, we may see private-sector ...