Weekly Outlook: 2017,April 09 - April 16

The US dollar eventually emerged as a winner from a tense week. Is this the beginning of a trend? A speech by Janet Yellen, a rate decision in Canada, Australian employment data, US inflation data, and US consumer figures stand out. These are the main events on forex calendar.

1. Janet Yellen speaks: Monday, 20:00. Fed Chair Janet Yellen will speak at the University of Michigan, taking questions from the audience.
2. UK Inflation data: Tuesday, 8:30. UK inflation is expected to reach 2.2% this time.
3. Canadian rate decision: Wednesday, 14:00.
4. Australian employment data: Thursday, 1:30. A job gain of 20,300 is predicted in March with the unemployment rate unchanged at 5.9%.
5. US PPI: Thursday, 12:30. Economists expect producer prices to be flat this time.
6. US Unemployment Claims: Thursday, 12:30. Jobless claims are expected to reach 242,000 this week.
7. US Prelim UoM Consumer Sentiment: Thursday, 14:00. Consumer moral is expected to remain elevated at 97.1 in April.
8. US inflation data: Friday, 12:30. CPI is expected to remain unchanged, while core inflation is anticipated to rise by 0.2% in Mach.
9. US Retail sales: Friday, 12:30. US retail sales are expected to increase by 0.1% with a 0.2% gain in core sales.

the source

EUR/USD made its way to lower ground, struggling to gain ground. The week including Good Friday features business surveys and also some inflation figures. Here is an outlook for the highlights of this week

1. Sentix Investor Confidence: Monday, 8:30.
2. German ZEW Economic Sentiment: Tuesday, 9:00. A small slide to 25 is on the cards.
3. Industrial Production: Tuesday, 9:00. A more modest rise of 0.2% is expected.
4. German CPI (final): Thursday, 6:00.
5. French CPI (final): Thursday, 6:45.

the source