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Calendar event / 30 April 2019 at 10:00 GMTpreviousforecastactualMed GDP, Y/Y%+0.1%-0.1%+0.1%Med GDP, Q/Q%-0.2%+0.1%+0.2%
Calendar event / 30 April 2019 at 9:00 GMTMed Provisional CPILow CPI, M/M%+0.3%+0.2%+0.2%Low CPI, Y/Y%+1%+1.1%+1.1%
Calendar event / 29 March 2019 at 10:00 GMTMed Provisional CPILow CPI, M/M%+0.2%+0.2%+0.3%Low CPI, Y/Y%+1.1%+1%+1%
Calendar event / 28 February 2019 at 9:00 GMTMed Provisional CPILow CPI, Y/Y%+0.9%+1.1%+1.1%Low CPI, M/M%+0.1%+0.2%+0.2%
Calendar event / 04 February 2019 at 10:00 GMTMed Provisional CPILow CPI, M/M%-0.1%+0.2%+0.1%Low CPI, Y/Y%+1.1%+0.9%+0.9%
Calendar event / 31 January 2019 at 10:00 GMT
IT GDP preliminary estimatepreviousforecastactualMed GDP, Y/Y%+0.8%+0.3%+0.1%Med GDP, Q/Q%0%-0.1%-0.2%
Squawk / 19 November 2018 at 7:55 GMTEuro bear forces eased for now, by Steve Miley
Earlier November losses for EURUSD through 1.1300 produced an intermediate-term bearish shift.
However, a very slight easing of Brexit tensions at the end of last week, alongside no new negative developments with respect to the Italian budget have allowed for a corrective EURUSD rebound.
The intermediate-term outlook remains negative for EURUSD, but the immediate risks is for a correction still higher (though likely capped by 1.1500.
See the full article here: https://www.fxexplained.co.uk/forex-articles/current-market-analysis/euro-bear-forces-eased-for-now/
Squawk / 13 November 2018 at 8:21 GMTEuro shifts more bearish even ahead of the Italian deficit deadline
A “risk off” tone on Monday across global asset classes was driven by lower equity markets, in particular US equity averages and notably the tech sector.
This has seen further US Dollar strength, with a particular casualty being EURUSD.
Concerns regarding a deadline today (Tuesday 13th November) between the Italian government and the European Commission regarding the Italian budget, alongside ongoing Brexit worries have encouraged Euro weakness.
This weakening Euro alongside the aforementioned US Dollar strength has seen EURUSD plunge through key support lows from August and October at 1.1300, to a 16-month low, to sets risks for further losses into November.
See the full article here: https://www.fxexplained.co.uk/forex-articles/current-market-analysis/euro-shifts-more-bearish-even-ahead-of-the-italian-deficit-deadline/
Calendar event / 31 October 2018 at 10:00 GMTMed Provisional CPILow CPI, M/M%-0.4%+0.3%0%Low CPI, Y/Y%+1.5%+1.7%+1.6%
Squawk / 30 October 2018 at 9:39 GMTEURUSD vulnerable to a more bearish shift
The US Dollar remains strong against most major currencies into late October, primarily driven by a flight to quality status, given the broader “risk off” scenario we are seeing across global asset classes.
Global Bond markets are rallying as equities continue to selloff, with stock markets particularly damaged in the US and Asia, and this continues to push the US Dollar higher.
The Euro remains under negative pressures from concerns around the Italian deficit situation and with ongoing worries regarding Brexit, which leaves EURUSD vulnerable.
A possible push below the cycle low from August at 1.1300 would signal a far more bearish technical picture for EURUSD.
See the full article here: https://www.fxexplained.co.uk/forex-articles/current-market-analysis/eurusd-vulnerable-to-a-more-bearish-shift/