Will the GBP recover from the dead-end in the Brexit deal? The GBP/USD pair plunged because of the negative comments on the Brexit deal…
USD/JPY: forecast for May 22-16
. We will receive Japan’s trade balance data on Monday. Flash Manufacturing PMI and CPI figures will be released on Wednesday and Friday respectively. US statistical entities will release housing market data, manufacturing figures, core durable goods orders and, most importantly, preliminary GDP. If Trump’s aides fail to improve the situation, the US dollar will remain under pressure next week and lose even more ground.
What to trade on for today? Watch today's trading plan and get clues on the trading of GBP/USD, EUR/USD, AUD/USD!
Do you want to get clues on the upcoming economic events? Do you want to know what market moves to expect? FBS analyst Darya Bobrova will go through this week’s economic calendar and explain technical setups for EUR/USD, GBP/USD, USD/JPY, and other key…