Tim Riddell, Research Analyst at Westpac, suggests that Eurozone’s inflation data and comments from ECB members may remain of high interest, but the lack of other key data during the coming week means that the Trump-initiated focus on Eurozone’s trade surplus with US is likely to be the key focus. Key Quotes “It is far from clear that there is a persistent relationship between EUR/USD and the steady rise in the region’s surplus since EUR was initiated. What is far more important is the impact of any trade dispute on sentiment and the ECB.” “Recently data has been beating estimates, implying that the extent of the slowdown in 2018 was abating. However, the sharp fall in the latest ZEW expectations suggests further sluggish Eurozone growth in H2 18.” “Rising political tension within Eurozone and with US reduces the scope for structural reforms and so is likely to maintain ECB’s forward guidance. EUR rebounds should struggle towards the upper end of its possible 1.12-1.19 range.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next PBOC’s Xu: China’s fiscal policy has room to support the economy FX Street 5 years Tim Riddell, Research Analyst at Westpac, suggests that Eurozone's inflation data and comments from ECB members may remain of high interest, but the lack of other key data during the coming week means that the Trump-initiated focus on Eurozone's trade surplus with US is likely to be the key focus. Key Quotes "It is far from clear that there is a persistent relationship between EUR/USD and the steady rise in the region's surplus since EUR was initiated. What is far more important is the impact of any trade dispute on sentiment… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
