Weekly Forex Outlook: 11/08/2023 – Fed minutes, US retail sales and UK CPIs highlights of the week
August 11, 2023 10:25 am
The dollar got hit by the miss in the US inflation data, but traders may have another opportunity to adjust their dollar positions as next week’s agenda includes the minutes from the latest Fed meeting and the retail sales for July. The pound will also enter the limelight as the UK CPIs could confirm whether investors were correct to slash their hike bets following the latest BoE gathering. Other releases include the RBNZ decision, where no action is expected, and Canada’s CPIs.
0:00 Intro 0:11 US Data 1:40 US Dollar 2:10 UK Inflation and Pound 3:53 RBNZ 4:39 Chinese Data and Aussie
For more information on the topics discussed in this video, including detailed charts and tables, read the full Week Ahead article:
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 dollar got hit by the miss in the US inflation data, but traders may have another opportunity to adjust their dollar positions as next week’s agenda includes the minutes from the latest Fed meeting and the retail sales for July. The pound will also enter the limelight as the UK CPIs could confirm whether investors were correct to slash their hike bets following the latest BoE gathering. Other releases include the RBNZ decision, where no action is expected, and Canada’s CPIs.
0:00 Intro
0:11 US Data
1:40 US Dollar
2:10 UK Inflation and Pound
3:53 RBNZ
4:39 Chinese Data and Aussie
For more information on the topics discussed in this video, including detailed charts and tables, read the full Week Ahead article:
https://www.xm.com/research/analysis/previews/xm/week-ahead-fed-minutes-us-retail-sales-and-uk-cpis-the-highlights-of-a-packed-week-184431
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.
#inflation #fed #pound
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