Big weekly Chart reversal for EURUSD last week
All eyes this week on Fed guidance at Wednesday’s FOMC rate announcement. Japan on holiday for much of the week. MAJOR HEADLINES – PREVIOUS SESSION US Final Apr. University of Michigan Confidence out at 62.6 vs. 63.2 expected Japan Mar. Retail Trade rose 0.5% vs. 0.7% expected THEMES TO WATCH – UPCOMING SESSION Key Risk Events (All times in GMT) Germany May GfK Consumer Confidence (0610) EuroZone ECB’s Trichet and others to speak (0700) Germany Apr. CPI (no time given) New Zealand Mar. Trade
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