Euro Outlook: EUR/USD May Reverse Gains on Eurozone GDP, CPI Data
Euro Price Chart, EUR/USD, FOMC, Eurozone GDP – Talking Points •EUR/USD could pare recent gains •Downtrend in the pair still in play •Eurozone GDP, CPI data on deck Learn how to use political-risk analysis in your trading strategy! EUR/USD may erase some of its recent upside movement if Eurozone CPI, GDP and unemployment data reinforce concerns about the region’s growth trajectory. Amid geopolitical oscillations and softer growth out of powerhouse economies – like Germany – data has been tending to underperform relative to expectations. It will therefore not be entirely surprising if these same fundamental factors lead to softer GDP and CPI prints. Seasonally adjusted year-on-year GDP data is expected to show an advanced print of 1.1 percent, marginally weaker than the prior 1.2 percent outcome. Over the same time measure, core CPI – which excludes good with high price volatility – is expected to remain unchanged at one percent. Looking at the 5Y5Y Euro inflation swap forward, markets clearly have low expectations upside price growth in the Eurozone. However, EUR/USD’s possible decline may be tempered by the release of US PMI and Core PCE data – the latter being a favorite of the Fed’s to use for calculating the policy outlook. If these indicators miss their estimates, it could magnify the US Dollar’s decline in an environment where it has been weakening amid a renewal in risk appetite and turn away from haven-linked assets. EUR/USD Price Outlook EUR/USD recently broke through a multi-week uptrend, but the pair’s decline – at least, for now – has been saved by the recent FOMC rate decision. However, upcoming economic data could erase some of EUR/USD’s gains. While the longer-term outlook supports a downside bias, a temporary respite in haven demand may erode upside pressure in the Greenback and strengthen the EUR/USD exchange rate.
Comments (71)
how does plaquenil work chloroquine and hydroxychloroquine hydroxcloroquine
chloroquine diphosphate aralen hydrochloquin
zitromax 500 how to get a prescription for zithromax zithromax dosis
zithromax treatment zithromax and uti zepak antibiotics
how to get hydroxychloroquine hydroxychloroquine and azithromycin hydroxychloroquine sulfate 200 mg tab
hydroxychloroquine over the counter
where can i buy hydroxychloroquine what is hydroxychloroquine long term side effects of plaquenil
hydroxyquine
https://modafinilltop.com/ modafinil provigil
bactrim ds sulfamethoxazole for uti
buy isotretinoin accutane for acne
provigil 200 mg provigil
buy provigil buy modafinil reddit
prednisone medication prednisone dosage
sulfamethoxazole Trimethoprim side effects side effects for sulfamethoxazole trimethoprim
steroids prednisone https://prednisoloneacetateophthalmic.com/
https://tretivaisotretinoin.com/ isotretinoin side effects
modafinil weight loss provigil for depression
day dose prednisone weight gain prednisolona
modafinil pill https://provigilandmodafinil.com/
https://modafilmodafinil.com/ modafinil vs adderall
trimethoprim polymyxin b what does sulfameth trimethoprim treat
chloroquine malaria https://pharmaceptica.com/
buy prednisolone tablets how long does prednisone stay in your system
provigil https://modafinilpleasure.com/
trimethoprim sulfamethoxazole tmp ds
provigil cost https://provigilandmodafinil.com/
trimethoprim for dogs trimethoprim mechanism of action
accutane medication isotretinoine
modafinil india modalert online
accutane for acne accutane before and after
side effects for sulfamethoxazole trimethoprim sulfamethoxazole tmp
roaccutane https://isotroinisotretinoin.com/
modafinil and alcohol where to buy modafinil
https://prednisoloneacetateophthalmic.com/ prednisolone dosage
bactrim ds trimethoprim sulfamethoxazole
https://chloroquineetc.com/ plaquenil pregnancy
where to buy chloroquine chloroquine vs hydroxychloroquine
chloroquine cvs ama hydroxychloroquine
Ikruvg Cialis Preis Tadalafil https://oscialipop.com – Cialis inammation of a tear gland itis order cialis online Vendita Cialis Lndadt Eefzwf https://oscialipop.com – buy liquid cialis online
Hey, I enjoyed reading your posts! You have great ideas concerning Search Engine Optimization. Are you looking to get additional resources or some new insights? If so, check out my website xrank.cyou
accutane australia accutane prescription price
how can i get accutane online accutane tablets pharmacy can you order accutane online
Is there a higher dosage of Accutane available, such as 220 mg? https://isotretinoinex.website/
Interested in purchasing accutane singapore? Visit buy accutane singapore to learn more.
Looking for information about the cost of accutane in australia? Visit price of accutane in australia for details.
cheap accutane for sale accutane prices canada how to get accutane in india
accutane prescription nz accutane 30 mg
How much does a 30 milligram dosage of Accutane cost? https://isotretinoinex.website/
Want to know the best places to buy affordable Accutane? Check out our online platform for the best deals on Accutane at where to get accutane cheap.
How does the dosage of 120 mg Accutane daily compare to the standard dosage? https://isotretinoinex.website/
What is the recommended daily dosage of Accutane if it is 100 milligrams? https://isotretinoinex.website/
What is the average cost of Accutane 30 mg? https://isotretinoinex.website/
generic antivert 25 mg
brand antivert
cheap meclizine 25mg
brand antivert 25mg
purchase meclizine without prescription
order meclizine 25mg online cheap
buy antivert 25 mg
order meclizine 25mg pill
buy antivert 25mg without prescription
antivert 25 mg uk
order meclizine
order antivert 25 mg pill
brand meclizine 25 mg
order meclizine 25 mg
brand meclizine 25 mg
order meclizine sale
meclizine price
meclizine 25mg brand