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Your weekly forex outlook (week 17)

Your weekly forex outlook (week 17)

April 20, 2019 11:53   beerbongs   Market Opinions  

Hi fellas, it’s been a while, I would make something up like “I was busy” or “I had urgent business to attend to”, but the truth is I have just been too lazy to do community analysis. Anyways, I’m back now and here it is:

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USD/JPY frozen near 111.90 ahead of US housing data
USD/JPY frozen near 111.90 ahead of US housing data

Gold erases more than $15 this week, will the selloff extend?
Gold erases more than $15 this week, will the selloff extend?

ECB: Easing of inflation raises pressure – BNP Paribas
ECB: Easing of inflation raises pressure – BNP Paribas

China: There are still many difficulties and problems in economic operations – politburo
China: There are still many difficulties and problems in economic operations – politburo

Spain: Political uncertainties contrast with a solid economic outlook – BNP Paribas
Spain: Political uncertainties contrast with a solid economic outlook – BNP Paribas

United States Housing Starts Change registered at -0.3%, below expectations (6.5%) in March
United States Housing Starts Change registered at -0.3%, below expectations (6.5%) in March

BoJ: Updated projections should reveal a less optimstic outlook – TD Securities
BoJ: Updated projections should reveal a less optimstic outlook – TD Securities

USD/JPY: On track to close in the middle of its 50-pip weekly range below 112
USD/JPY: On track to close in the middle of its 50-pip weekly range below 112

United States Building Permits Change came in at -1.7% below forecasts (0.3%) in March
United States Building Permits Change came in at -1.7% below forecasts (0.3%) in March

United States Housing Starts (MoM) below expectations (1.23M) in March: Actual (1.139M)
United States Housing Starts (MoM) below expectations (1.23M) in March: Actual (1.139M)

EUR/USD: No reaction to US data, looks to warp up week around mid-1.12s
EUR/USD: No reaction to US data, looks to warp up week around mid-1.12s

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