This week we will look at EURUSD, GBPUSD, USDJPY, FTSE & Gold Key Trading levels.
A much quieter week is ahead of us for Economic Data due to US Thanksgiving Holiday. Main points of interest start with Eurogroup Meeting on Monday, RBA meeting’s minutes and BOJ Monetary Policy Statement on Tuesday, US Durable Goods Orders on Wednesday, ECB monetary policy meeting accounts on Thursday. The week will finish with European and US Manufacturing and Services PMI figures. Canadian Consumer Price Index data is also scheduled for release on Friday.
From the UK point of view, the fallout from the recent Brexit developments have left a mark on UK markets, In particular pound sterling currency crosses. Any additional Brexit related announcement or challenges to PM May’s leadership could impact volatility in UK equities and also GBP currency crosses.