December 20 2013

In the trading room today: EUR, USD and JPY New Trading Week Outlook. As volume and volatility in the currency market decrease as the Christmas holiday nears, we examine next week’s light on economic data calendar and explore the outlook for the EUR, the USD, the JPY and other currency majors, 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 keep an eye on the GBP/USD pair, we continue to monitor the rally of the USD vs JPY, we highlight the market’s reaction to the Bank of Japan interest rate announcement, the U.K. and the U.S. GDP reports, we discuss new forecasts from Bank of Tokyo-Mitsubishi and Credit Suisse, and prepare for the trading session ahead.