Important upcoming events and publications for February 19 (GMT):
09:30 UK Unemployment claims have grown for 7 consecutive months and is expected to grow further, which is seen as a sign of tension before Brexit. Strong data are able to revive #GBP purchases.
10:00 German ZEW Economic Sentiment is considered as a reliable economic indicator, and since April last year it is in the negative zone, indicating the prevalence of pessimism. Another portion of the weak data is able to regain pressure on #EUR.
18:00 NAHB US housing market index dropped in 4Q18 but recovered a little in January. In February, further growth is expected, which may support #USD purchases.
See the detailed Economic calendar here
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- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
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Japanese inflation is rising, with corporate goods prices inflation accelerating to 3.4% y/y in October,…
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