A possible US government shutdown and next week’s ECB meeting are dominating trading in EURUSD but traders need to keep an eye on German politics too.
The Dollar started the week with a bang, but looks to end with a whimper. Next week brings key rate decisions out of Japan and Europe, but will anything here be enough to reverse this trend of weakness in the Greenback?
The US Dollar is on pace to close the week out at a three year low as a US federal government shutdown looms at the end of the day today.
Date (GMT)EventCons.ActualPreviousMay 18 22:45Producer Price Index - Input (QoQ)-1.100 %-0.400 %
Date (GMT)EventCons.ActualPreviousMay 18 22:45Producer Price Index - Output (QoQ)-0.900 %-0.100 %
Date (GMT)EventCons.ActualPreviousMay 18 21:00Producer Price Index Growth0.000 %-0.100 %
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Forex Knowledge Resource
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