Weekly Fundamental Forecast Dec 22 2014

forex11 eb5qij min
forex11 eb5qij min

Last week , the US dollar continued its bullish momentum after FOMC meeting as expected . This week low volatility could be seen because of holidays , whatever ; let’s highlight the most critical data which may influence currency market next week :

Monday , Dec 22 2014

  • US Existing Home Sales for (Nov).
  • New Zealand will release data on its Trade Balance.

Tuesday , Dec 23 2014

  • From UK , Current Account followed by Gross Domestic Product (GDP).
  • From US , Core Durable Goods Orders & Gross Domestic Product (GDP) followed by New Home Sales (Nov).

Wednesday , Dec 24 2014

  • US Initial Jobless Claims.

Thursday , Dec 25 2014

  • BOJ Gov Kuroda Speaks

Anyway , the US dollar is expected to continue its strength slowly , any pullback should be taken an an opportunity to buy the USD on dips………..