FX Majors Weekly Pivots
| Â | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
| EURUSD | 1.3107 | 1.305 | 1.2943 | 1.2886 | 1.2778 | 1.2721 | 1.2614 |
| GBPUSD | 1.6855 | 1.6688 | 1.6494 | 1.6328 | 1.6132 | 1.5966 | 1.5769 |
| USDCAD | 1.1279 | 1.1188 | 1.1068 | 1.0977 | 1.0856 | 1.0766 | 1.0644 |
| USDJPY | 112.59 | 110.984 | 109.954 | 108.392 | 107.345 | 105.77 | 104.744 |
| USDCHF | 0.9589 | 0.9511 | 0.9457 | 0.9378 | 0.9324 | 0.9246 | 0.9192 |
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Currencies/Events to Watch this Week
- The Sterling could very well stage a comeback this week as economic data from the UK relatively light. Watch out for the GBPUSD, GBPCAD and GBPJPY pairs
- US Final Q2 GDP will be out and markets will be looking for a 4.6% upward revision from 4.2%. Any downward revision will drive the bears back into the game, bullish print could see the markets reading into the Fed’s timetable for a rate hike by June 2015, if not earlier.
Fundamentals for the Week 22 – 26 September
| Date | Event | Estimates |
| 22 September | ECB President Mario Draghi speaks | |
| Eurozone Consumer confidence | ||
| US Existing home sales | 5.21Mn | |
| 23 September | China Flash Manufacturing PMI | 50 |
| French Flash Manufacturing PMI | 47.1 | |
| French Flash Services PMI | 50.2 | |
| German Flash Manufacturing PMI | 51.3 | |
| German Flash Services PMI | 54.6 | |
| Eurozone Flash Manufacturing PMI | 50.6 | |
| Eurozone Flash Services PMI | 53.2 | |
| Canada Core Retail sales m/m | -0.1% | |
| Canada Retail sales m/m | 0.4% | |
| US HPI m/m | 0.4% | |
| US Flash Manufacturing PMI | 58.1 | |
| 24 September | Japan Flash Manufacturing PMI | 52.5 |
| German Ifo Business Climate | 105.9 | |
| US New Home sales | 432k | |
| 25 September | US Core durable goods orders m/m | 0.7% |
| Durable goods orders m/m | -17.7% | |
| US Flash Services PMI | 59.4 | |
| 26 September | Tokyo Core CPI y/y | 2.7% |
| 19 September | Japan National Core CPI y/y | 3.2% |
| US Final GDP q/q | 4.6% | |
| US Revised UoM Consumer Sentiment | 85.1 |
