Weekly Forex Outlook: 08/09/2023 – ECB rate hike hangs in the balance; US CPI could edge up
September 8, 2023 11:04 am
The European Central Bank is headed for a crunch rate decision next week amid rising recession risks and the job on inflation not yet done. It’s going to be a big week for the US dollar as well, as the CPI and retail sales reports are due before the Fed’s September meeting. There’s a barrage of UK data that will keep the pound on its toes before the next Bank of England decision, while the market mood will also be swayed by some key economic indicators out of China, as fears about the health of the world’s second largest economy persist.
For more information on the topics discussed in this video, including detailed charts and tables, read the full Weekly Forex Outlook article:
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The Risk Warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date Risk Warning
Visit the XM Research Portal for your daily dose of market news and analysis, as well as live education sessions, and other useful trading tools: https://www.xm.com/research/analysis
In-depth Weekly Forex Outlook analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CAD, AUD/USD as well as gold, oil, stock indices, commodities and stocks.
The European Central Bank is headed for a crunch rate decision next week
amid rising recession risks and the job on inflation not yet done. It’s going
to be a big week for the US dollar as well, as the CPI and retail sales
reports are due before the Fed’s September meeting. There’s a barrage of
UK data that will keep the pound on its toes before the next Bank of
England decision, while the market mood will also be swayed by some key
economic indicators out of China, as fears about the health of the world’s
second largest economy persist.
For more information on the topics discussed in this video, including
detailed charts and tables, read the full Weekly Forex Outlook article:
Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.
Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en
The Risk Warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date Risk Warning
Visit the XM Research Portal for your daily dose of market news and analysis, as well as live education sessions, and other useful trading tools: https://www.xm.com/research/analysis
In-depth Weekly Forex Outlook analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CAD, AUD/USD as well as gold, oil, stock indices, commodities and stocks.
#ECB #dollar #cpi
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