Forecasts & opinions
On Friday, the 13th of March the euro set a new 12-year low against the U.S. dollar at USD1.0461. One week later the single currency trades above USD1.0650 again - currently about 200 pips above the low. So far so bullish - or at least a phase of stabilization of the 'oversold' euro. Only if there would not have been the skyrocketing euro after the FED statement, trading as high as USD1.1022, just to be sold off a day later.
|remaining time till the new event being published|
- ECB's Coeure: Central bank has instruments and we've shown that we're ready to use them
- British Chambers of Commerce (BCC) trims UK growth outlook
- UK house prices rise slightly In June - Rightmove
- China central bank injects funds, second phase of RRR cut takes effect