August 9 2013

In the trading room today: Is the Week Ahead Going to Bring More USD Weakness? With the USD on course to wrap up the current trading week under pressure, we keep an eye on the greenback and examine the factors that could continue to fuel the EUR and the GBP rallies against the USD in the week ahead, we list the Top 10 economic events that will move the markets next week, we examine the consensus forecasts for the upcoming economic data, we analyze the latest trend developments in the EUR/USD currency pair, we take a close look at the GBP/USD pair, we note correction in the USD/JPY currency pair, we highlight the market’s reaction to the Chinese Industrial Production and Retail Sales, the French Industrial Production and the UK Trade Balance, we discuss new forecasts from Citigroup and UBS, and prepare for the trading session ahead.