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Key Fundamental Factors this Week (11/24 - 11/28)
The USD was mixed. The EUR fell at the end of the week when Draghi talked about more stimulus measures. The GBP was slightly stronger after the less-dovish-than-expected BoE meeting minutes. The JPY has been bearish but took back some of those in the second half of last week. The CAD ended the week with a surge after higher-than-expected inflation data. Let’s see what fundamental factors are in store for us this week. SNB chairman, Thomas Jordan is due to speak on Sunday (11/23). Traders will be monitoring his comments for clues on the EUR/CHF floor of 1.20 that has been recently threatened. Is the SNB ready to ... (full story)