Ilian Yotov is a longtime FX Strategist, known among industry peers as the creator of The Quarters Theory, a revolutionary methodology applied to the price behavior of currency exchange rates. His FX market analysis, outlook and forecasts are sought by popular financial publications worldwide... More
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Today's All Things Forex Broadcast: EUR And USD New Trading Week Outlook 0 comments
In the broadcast today: EUR and USD New Trading Week Outlook. Ahead of the busy trading week scheduled to bring the EU Summit and a sequence of important U.S. economic data, we explore the outlook for the EUR and the USD in what could become a crucial week for the future fate of the single currency, we list the Top 10 spotlight events that will move the markets next week, we examine the consensus forecasts for the upcoming economic data, we analyze the range-bound price fluctuations in the EUR/USD currency pair, we continue to monitor the bullish momentum in the USD/JPY pair, we keep an eye on the GBP/USD currency pair as it lingers near an important price level, we highlight the market's reaction to the meeting of EU leaders in Rome, the downgrade of 15 major banks by Moody's, the Chinese Manufacturing PMI, and the German Ifo Business Climate Index, we discuss new forecasts from Bank of New York-Mellon and Morgan Stanley, and prepare for the trading week ahead.
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