The new week will start out with a focus on sterling, which will be influenced by the outcome of the EU summit talks with the pre-weekend price action suggests optimism that a deal can be worked out. This suggests the surprise would be no deal. This comes in a market where 1 + 1 – 3, at least as far as USDJPY goes as the failure to regain 115 despite the mid-week gains in equities has it ending the week on a defensive note. In this regard 112 will be pivotal in keeping the recent 110.97 low intact. EURUSD, meanwhile, has been in a chop since its retreat on Monday and I outline the levels to watch on both sides in my week ahead video.
The new week will start out with a focus on sterling, which will be influenced by the outcome of the EU summit talks with the pre-weekend price action suggests optimism that a deal can be worked out. This suggests the surprise would be no deal. This comes in a market where 1 + 1 – 3, at least as far as USDJPY goes as the failure to regain 115 despite the mid-week gains in equities has it ending the week on a defensive note. In this regard 112 will be pivotal in keeping the recent 110.97 low intact. EURUSD, meanwhile, has been in a chop since its retreat on Monday and I outline the levels to watch on both sides in my week ahead video.
The new week will start out with a focus on sterling, which will be influenced by the outcome of the EU summit talks with the pre-weekend price action suggests optimism that a deal can be worked out. This suggests the surprise would be no deal. This comes in a market where 1 + 1 – 3, at least as far as USDJPY goes as the failure to regain 115 despite the mid-week gains in equities has it ending the week on a defensive note. In this regard 112 will be pivotal in keeping the recent 110.97 low intact. EURUSD, meanwhile, has been in a chop since its retreat on Monday and I outline the levels to watch on both sides in my week ahead video.
Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
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