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Forex Trading Themes for the Week of January 19, 2014

Forex Trading Themes for the Week of January 19, 2014

6 Years ago | January 18, 2014 00:00:00


U.S. Economy Flattening?

U.S. data recently has been sending mixed signals. Key housing and Uniniversity of Michgan survey data seem to be indicating that the real-time economy might be flattening out while other recently-released data have been suggesting the economy continues to recover. Recall that Fed policy is very much data-dependent. That will not change when Yellen takes the helm from Bernanke in just under two weeks. Friday was the major data day of the past week. Housing Starts and Permits for December provide an advance look at the critical (for job creation) housing industry and they are now showing little improvement from the middle of 2013. The preliminary University of Michigan Sentiment data for

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