wrapper

EUR/USD Weekly Forecast – 27 March – 31 March

Saturday, Mar 25 2017
EUR/USD Weekly Forecast – 27 March – 31 March

Events that marked the week:

From Eurozone, on Friday, French and German PMI figures were released. French service sector activity rose unexpectedly last month, official data showed on Friday. In a report, Markit Economics said that French Services PMI rose to a seasonally adjusted 58.5, from 56.4 in the preceding month. Analysts had expected French Services PMI to fall to 56.1 last month. France’s manufacturing PMI rose more-than-expected last month, preliminary data showed on Friday. In a report, Markit Economics said that French manufacturing PMI rose to a seasonally adjusted 53.4, from 52.2 in the preceding month. Analysts had expected French manufacturing PMI to rise to 52.4 last month.

 

German private sector output growth unexpectedly rose in March, registering its strongest activity in nearly six years and underlining optimism over the health of the euro zone’s largest economy, according to data released on Tuesday. The preliminary reading of the Markit manufacturing purchasing managers’ index rose to 58.3 this month from 56.8 in February. Economists had expected the index to tick down to 56.5. The services PMI rose to 55.6 in March, compared to expectations for 54.6 and up from 54.4 a month earlier.

 

This week markets will be looking at:

 

German Ifo Business Climate (Monday 10:00)

Spanish Flash CPI (Thursday 9:00)

German Prelim CPI (Thursday)

CPI Flash Estimate (Friday 11:00)

Last modified on Saturday, 25 March 2017
More in this category: « EUR/USD Weekly Forecast – 19 December – 23 December AUD/USD Weekly Forecast – 26 December – 30 December »

Latest from Editor

About Us

Forex Web News is part of Rolling Capital Network providing financial consulting.

Within the Forex Web News we provide our readers with expert and timely technical analyses, fundamental analyses and news; with one aim – for our readers to make best possible financial decisions.

Forex Web News desks and analysis department follow the international markets closely and create high quality proprietary content on a both daily and weekly basis.

.

All our analysts have several years of trading and analysis experience. The Forex Web News analysis team creates daily and weekly analyses and offer forecasts regarding where they believe the markets are heading. Our readers are provided with data displayed both in texts and on graphs, providing them the fullest understanding of what is happening in the market place.

We are constantly growing our news desks and our analysis departments as we strive to broaden the content we provide to visitors of the Forex Web News.

Disclaimer

Rolling-capital.com – The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. rolling-capital.com bears no responsibility for any trading losses you might incur as a result of using any data within the Forex Web News.