Weekly Forex Outlook: 16/07/2021 – ECB meeting: Another headache for the euro?
July 16, 2021 10:35 am
The main event next week will be the ECB meeting, where the forward guidance will likely be changed to commit to negative rates for longer. That could cement the divergence with the Fed and other central banks that are moving towards higher rates. Meanwhile, there’s a volley of economic data while the earnings season gets rolling.
0:00 Intro 0:13 Inflation 1:18 US housing market 2:02 Federal Reserve 2:26 RBNZ 3:21 European Central Bank 4:25 Euro 5:12 UK PMIs and pound
Risk Warning: 77.29% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warning.
Watch our ”Weekly Forex Review and Outlook” to catch up on the past week’s main events and their impact on major currencies and also find out what important economic data will be coming up in the future.
Visit our page for more: http://www.xm.com the international Forex broker.
The main event next week will be the ECB meeting, where the forward guidance will likely be changed to commit to negative rates for longer. That could cement the divergence with the Fed and other central banks that are moving towards higher rates. Meanwhile, there’s a volley of economic data while the earnings season gets rolling.
0:00 Intro
0:13 Inflation
1:18 US housing market
2:02 Federal Reserve
2:26 RBNZ
3:21 European Central Bank
4:25 Euro
5:12 UK PMIs and pound
Risk Warning: 77.29% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warning.
Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en
Watch our ”Weekly Forex Review and Outlook” to catch up on the past week’s main events and their impact on major currencies and also find out what important economic data will be coming up in the future.
Visit our page for more: http://www.xm.com the international Forex broker.
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