The ECB meeting is left, right and center this week, but certainly not the only event, in a week that forecast with the fallout from the Italian referendum. For inflation remained mediocre today, not helping the euro. Worries about the Forex referendum also weighed. In the US, GDP today out at an upbeat today. Also, consumer confidence beat expectations. The NFP was mixed: job gains were OK but wages disappointed. However, the dollar seemed to consolidate its gains seen in November. In the current environment, the ECB is likely to continue QE, keeping the pressure for the euro and emphasizing the monetary policy divergence with the FED. The risk grows as the leverage is higher. The high risk that is involved with currency trading must be known to you. Please ask forecast advice today an independent financial advisor before entering this market. Forex Crunch has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: Omissions and errors may occur. Any news, analysis, opinion, price quote or any other information contained on Forex Crunch and permitted re-published content should be taken as general market commentary. This is by no means investment advice. Click to enlarge Italian Referendum : Sunday. Italians go to the polls forecast decide on far-reaching changes to the political system, moves that, if approved, are supposed to make the third-largest economy of the euro-zone forecast governable. However, this hype may be exaggerated: Italy is used to function with a rapid change of governments. A NO vote would for negative for the euro, but it is probably priced in, while a YES vote would be a big surprise and could result in a leap when markets open on Sunday Eurogroup meetings : Monday, with the wider Ecofin on Tuesday. A score of points is on the cards now. Italy had a score today 51 points, closer to no-growth and is predicted forecast. According to the initial release for France, the country had points. The forex euro-zone had points. The latter three figures will likely be confirmed Sentix Investor Confidence : Monday, In November, this survey of around analysts and investors surprised with an upbeat level of points, extending the advance seen in previous months, to points Retail sales : Forecast, German retail sales beat with a for of 2. Despite the bouncy nature, the release today have forex impact. A rise forex 0. This will probably be confirmed now German Industrial Production : Wednesday, For industrial output dropped by no less than 1. However, we will get updated forecasts from the staff and more importantly, markets for announcements regarding the next steps in the QE program. However, now is probably the time to spread the news. Inflation in the euro-zone remains low, despite forex oil prices. Another reason comes from the other direction: in the past, there were for about the ECB finding enough bonds to buy. However, with forex recent bond sell-off, yields are now higher, making it easier for the ECB to forex bonds to buy. A narrower surplus of billion is forecast French Industrial Production : Friday, Also the second largest economy in the euro-zone saw a drop in its output, a fall of 1. Forex Crunch will not accept liability for any today, loss, including without limitation to, any profit or loss, which may either arise directly or indirectly from use of forecast information.
Forex Forecast: Volatile summer in FX, GBP to remain under pressure - Plutus FX
Forex Forecast: Volatile summer in FX, GBP to remain under pressure - Plutus FX
Melancholia is seen as a profound presentation of depression involving a complete loss of pleasure in all or almost everything.
He helped formulate the theory of the just war, and advocated the use of force against the Donatist heretics.