Key events ahead for a busy week - Rabobank

FXStreet (Guatemala) - Analysts at Rabobank explained the key events for the week ahead.

Key Quotes:

"Today we have the German IFO survey, seen slightly weaker on the month; Eurozone M3 data, seen rising yet further due to ECB QE; and US durable goods orders, where yet another bounce (which keep failing to appear/be sustained) is the consensus. Those are hefty numbers that tell us a lot about the respective economies.

Tomorrow we have UK Q2 GDP, the US Markit services PMI, and consumer confidence.

Wednesday has Japanese retail sales, US pending home sales, and the Fed decision, where we get to see if the language signposts a September hike or not.

Thursday has an RBA Governor Stevens speech, Aussie building approvals, German unemployment, Eurozone confidence surveys, and US Q2 GDP.

Friday sees Japanese CPI, Eurozone July CPI, and Michigan consumer confidence."

AUD/USD: Bulls fighting for control, 0.7300 on sight

The Australian dollar reversed losses and edged higher versus the US dollar in Asia, lifting AUD/USD towards 0.73 barrier, as the AUD bulls jumped back into the bids as the US currency continues to lose ground following poor US housing data released on Friday.
Devamını oku Previous

USD/NOK momentarily out of favor

USD/NOK momentarily out of favor
Devamını oku Next