Last week, we saw the USD return to strength after a relatively hawkish FOMC statement. The euro was able to show some resilience despite disappointing inflation data. The RBNZ sounded a bit dovish and the NZD tanked. Let’s see what’s in store for us this week in terms of fundamental factors. After slowing down in the middle of 2014, manufacturing in the UK has kept growing. We might even start to see stronger growth which should eventually help support the pound. This week, the pound should be consolidating ahead of Thursday’s BoE statement. Manufacturing in the US have been strong in 2014 until stalling a bit later ... (full story)