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EUR/USD Forecast August 19-23
EUR/USD managed to recover from a dip lower and remain on high ground. What is the next move for the pair? Flash manufacturing and services PMIs, and German Producer price index are the main events on our calendar. Here are the market movers for the coming week and an updated technical analysis for EUR/USD. Gross domestic product of the Euro area increased for the first time since the third quarter of 2011, rising 0.3% in the second quarter. The positive release indicates the region is out of recession. Germany and France rebounded strongly and a substantial improvement was shown in Italy and Spain. Germany grew by ... (full story)
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