US GDP to have the final word as EUR switches camps

The euro has switched sides and is now trading higher with risk currencies and higher oil prices, as well as the pound, which is licking its wounds. The last word of the week comes from the first revision of US GDP, that could remind us about the vulnerability of the recovery. Also note the Fed’s favorite inflation number: the Core PCE Price Index and German inflation data that impacts the ECB. Headlines from the G-20 summit are unlikely to make real waves in markets.

Wrap up of the morning show for February 26th 2016:

Get the 5 most predictable currency pairs

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.