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Forex Weekly Outlook August 11-15
The US dollar and the Japanese yen were the winners in a week which saw mounting geopolitical fear and lots of action. German Economic Sentiment; UK employment data; Mark Carney’s speech and inflation report; US unemployment claims, PPI, consumer sentiment are the major topics in Forex calendar. Here is an outlook on the main market movers for this week. The US economy showed its strength with an excellent ISM Non-Manufacturing PMI release climbing to 58.7 The employment component is up and weekly jobless claims were below 300K once again. The yen rode higher on geopolitics: counter-sanctions from Russia, a ... (full story)