Forex News

EURUSD is in a sideways movement, USDJPY is showing a potential for a decline and NZDCAD is dropping

Several indicators for the American economy, consumer reports for the UK and Japan, European business confidence and the Canadian monthly GDP growth rate are expected this week.

The United States will publish the level of preliminary GDP growth at 15:30 MT time on November 27. 

Risk sentiment is on!

EURUSD is to confirm the upward trend, USDCAD is preparing for the pressure down, and GBPUSD is in a sideways movement

The news concerning the US-China phase one trade deal may determine the moves of the market.

The US dollar is under pressure down, the Canadian dollar is in the correction.

Updates on the US-China trade deal are in focus

The ECB monetary policy accounts will be published at 14:30 MT time on November 21.

The monetary policy statements by different major banks will be released, while we are awaiting more details regarding the US-China phase one trade deal.

The Canadian year-on-year inflation rate will be released at 15:30 MT time on November 20.

EURUSD in a correction, GBPUSD in the oversold zone and USDJPY testing the resistance