November 22 2013

In the trading room today: What will it Take for the EUR to Weaken? With the EUR exhibiting remarkable resilience against the USD despite of the ECB rate cut and the less dovish Fed meeting minutes report, we examine the factors supporting the euro and ponder what would it take for the single currency to weaken significantly against the greenback, we list the Top 10 spotlight 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 take a look at the rally of the GBP vs USD, we keep an eye on the USD/JPY pair, we highlight the market’s reaction to the statements by the ECB and the Bank of Japan officials, the German GDP and Ifo Business Climate Index, we discuss new forecasts from Citigroup and Mizuho Bank, and prepare for the trading session ahead.


USA