December 2 2013

In the trading room today: EUR, GBP and USD Outlook ahead of ECB, BOE and NFP. As the new trading week gets underway following the Thanksgiving holiday, we explore the outlook for the EUR, the GBP and the USD ahead of the European Central Bank and the Bank of England meetings, as well as the U.S. Non-Farm Payrolls report, we list the Top 10 spotlight economic events that will move the markets in the week ahead, we examine the consensus forecast for the upcoming economic data, we analyze the latest trend developments in the EUR/USD currency pair, we take a look at the anticipated bullish breakout in the GBP/USD pair, we keep an eye on the unstoppable rally of the USD vs JPY, we highlight the market’s reaction to the Euro-zone and the U.K. Manufacturing PMI, and the U.S. ISM Manufacturing PMI, we discuss new forecasts from Bank of Tokyo-Mitsubishi and UBS, and prepare for the trading session ahead.