EUR/USD: An acceleration to 1.1000 will most likely depend on US CPI, if not Retail Sales – SocGen
|For the week ahead, investors chasing a rally in EUR/USD above 1.1000 will brace for US Consumer Price Index (CPI) report and US Retail Sales, economists at Société Générale say
Path to 1.1000 for EUR/USD?
For EUR/USD, an acceleration to 1.1000 will most likely depend on US CPI, if not Retail Sales.
For GBP/USD, the break of 1.2865 is technically relevant and brings 1.3000 into play. United Kingdom wage data on Tuesday will be a crucial input for the Bank of England (BoE).
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.