European inflation data and US growth and PMI numbers the week and.. Powell

Month end week, models call for USD purchases this time The usual EURGBP purchases may be seen but this time I think they may give some good value levels to sell some
as GBP gets support from higher rate expectations, a softer, quieter Brexit period. I may sell some straight away and look for any move up to 0.8850 to add if the month end buyers give that kind of value.
A slew of Central bankers fill the air waves again, Coeure, Draghi from ECB kicking off the reality show.
The CB focus though will the new Fed Chair Powell’s semiannual monetary policy testimony to the House Financial Services Committee tuesday
planned for around 15:00 gmt .
In the meantime watch out for any impact on the Steel and Aluminium tariffs plans.

K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

Read how Koen got into trading here
K-man

Latest posts by K-man (see all)

Pin It on Pinterest