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Week Ahead – US inflation report, BoC and RBNZ meetings eyed

From xm.com

Another exciting week lies ahead for FX markets, before trading conditions start to wind down for the summer. The spotlight will fall on the latest US inflation report, which could help the dollar break out of its recent stalemate. Central bank meetings in New Zealand and Canada will also be closely watched, especially the Bank of Canada rate decision, which is currently priced as a coin toss. Dollar in limbo, awaits inflation test The second quarter of this year was tough for the dollar, even though the US economy seems to be humming along. Economic growth is running near 2%, the housing market has enjoyed a ... (full story)

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  • Category: Fundamental Analysis