Key Fundamental Factors This Week (12/22-12/26)
From forexminute.com
Last week, the USD strengthened after the FOMC statement, which showed a slightly better economic forecast and therefore reaffirmed that the rate hike will be by mid-2015. This week will be short one with Dec. 25 (Christmas) on Thursday. Let’s see what key fundamental factors are in store for us...After a Q1 slump, growth data has been relatively impressive out of the US. In Q2, the economy grew on an annual basis of 4.9%. Q3 was also decent, and this week’s final version is expected to show an upward revision to the previous estimate. A reading that is indeed in-line with expectation should give the US more fuel to ...
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