Weekly Outlook: 2017, February 19 - February 26

Weekly Outlook: 2017, February 19 - February 26

A mixed and turbulent week saw the dollar going in all directions. Where will it go? UK GDP data, US FOMC Meeting Minutes, and other events stand out. These are the nain eventa on forex calendar for this week.

1. UK GDP data: Wednesday, 9:30. Economists forecast a 0.6% growth rate for the fourth quarter of 2016.
2. US Crude Oil Inventories: Wednesday, 15:30.
3. US FOMC Meeting Minutes: Wednesday, 19:00.
4. US Unemployment Claims: Thursday, 13:30. Analysts estimate an increase of 242,000 new claims this week.
5. Philip Lowe speaks: Thursday, 22:30. RBA Governor Philip Lowe will testify before the House of Representatives Standing Committee on Economics, in Sydney.

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