The Euro and British Pound cautiously weakened last week amid a stronger US Dollar. This also meant gold underperformed. Ahead, all eyes turn to US CPI and UK GDP.
Source
Markets Week Ahead: British Pound, Euro, Gold, US Dollar, CPI and GDP Data
access_timeNovember 23, 2024
Latest:
- Fed: U.S. government fiscal sustainability tops the list of financial system risks
- USDCHF buyers take the price higher this week after basing at the 50% midpoint at 0.87989
- European shares close higher despite weak data today
- Attack the currency trend: The EURUSD has been stepping lower with more selling today
- USDJPY stalls the fall today and yesterday at the 100 bar MA on the 4-hour chart
- AUDUSD trading near the middle of the range for the week. Some ST bullish.Some ST bearish.
- ECBs Villeroy: ECB is achieving a soft landing
- What technical levels are in play for some of the major currencies vs the USD for Nov 22
- SNB chairman Schlegel: Switzerland needs flexible inflation target, as it currently has
- EURUSD Technical Analysis – The Euro falls to the lowest level since 2022
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