All Things Forex Trading Room: Will the Week ahead Make or Break the USD Trend?

In the trading room today: Will the Week ahead Make or Break the USD Trend? In preparation for a sequence of crucial economic data from the world’s largest economy, we explain why the week ahead could become pivotal for the future direction of the greenback and explore the outlook for the USD, we list the Top 10 economic events that will move the markets in the week ahead, we examine the consensus forecasts for the upcoming economic data, we analyze the latest trend developments in the EUR/USD currency pair, we note the pullback in the GBP/USD pair, we keep an eye on the range in the USD/JPY currency pair, we highlight the market’s reaction to the Reserve Bank of New Zealand interest rate announcement, the German Ifo Index, the UK GDP and the US Jobless Claims, we discuss new forecasts from BNP Paribas and UBS, and prepare for the trading session ahead.


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