Weekly Technical Analysis

By Forex Zone - September 16, 2016
Forex Weekly Outlook September 19-23
Last week, US data was missed as retail sales fell more than anticipated, dropping 0.3% in August amid weak purchases of automobiles and a range other products, suggesting weaker domestic demand. This report could diminish chances of a Federal Reserve interest rate hike this week. Meanwhile, the cost of living in the U.S. edged up more than expected in August, rising 0.2% after a flat reading in the previous month, indicating that inflation continues to move toward the Federal Reserve’s goal, but...