Let’s take a look at the economic calendar and the most important events that will shake markets next week.
US dollar: forecast for August 14-18
The fundamental background for the US currency remains difficult with heightened geopolitical risks, less hawkish comments of the Federal Reserve. Note that consumer inflation failed to accelerate in line with expectations, so there will be more doubts about another Fed’s rate hike this year.
Check key levels for USD/CAD and CAD/JPY.
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Find out the key levels for trading the GBP and the NZD ahead of the important releases.