WEEKLY Forex Economic Calendar: 26 Jan Thu
09:30 GB- GDP
13:30 US- Weekly Jobless
14:45 US- flash Service PMI
15:00 US- New Homes Sales
23:30 JP- CPI 27-Jan Fri
13:30 US- Durable Goods
13:30 US- GDP
15:00 US- University of Michigan
The EURUSD remains capped at around the 1.0750 area as the pair seems to have reached an equilibrium leval at the 1.0700 to 1.0750. This is unlikely to last for long as U.S. equities anf bond yields continue to press higher. The pressures from such cannot last for long. U.S. data today should have no lasting impact on prices.
The equity rally triggered by infrastructure spending decisions by President Trump on Tuesday persists. Further announcements could continue to fuel rising equities and weigh on the EURUSD.
The U.K. Supreme Court upheld High Court ruling affirming that Parliamentary approval is needed to invoke Article 50, which puts Brexit into motion. This decision should not impact the Brexit timetable.
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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