-
Forex Weekly Outlook February 18-22
The US dollar had a rather positive week, making gains against quite a few currencies. After the G-20 summit concludes, will this trend continue or reverse? US FOMC meeting minutes, housing and inflation figures are the highlights of the upcoming week. Here is an outlook for the major market movers that await us. The G-20 statement refrained from reproaching Japan’s policies of using aggressive monetary and fiscal policies to lower the yen, despite a wide agreement. Mario Draghi chose to remark that disputes over currencies were “inappropriate, fruitless and self-defeating”. All in all, world powers allowed for ... (full story)